Math  /  Algebra

QuestionA computer assembly firm purchases computer parts at $245\$ 245 per computer. The operating expenses are 28%28 \% on cost and rate of markup is 50%50 \% on cost. a. What is the selling price of each computer? \square Round to the nearest cent b. What is the operating profit per computer? \square Round to the nearest cent

Studdy Solution
Calculate the operating profit per computer.
The operating profit is the selling price minus the cost and the operating expenses:
Operating Profit=Selling Price(Cost+Operating Expenses) \text{Operating Profit} = \text{Selling Price} - (\text{Cost} + \text{Operating Expenses})
Operating Profit=367.50(245+68.60) \text{Operating Profit} = 367.50 - (245 + 68.60)
Operating Profit=367.50313.60 \text{Operating Profit} = 367.50 - 313.60
Operating Profit=53.90 \text{Operating Profit} = 53.90
The selling price of each computer is 367.50 \boxed{367.50} .
The operating profit per computer is 53.90 \boxed{53.90} .

View Full Solution - Free
Was this helpful?

Studdy solves anything!

banner

Start learning now

Download Studdy AI Tutor now. Learn with ease and get all help you need to be successful at school.

ParentsInfluencer programContactPolicyTerms
TwitterInstagramFacebookTikTokDiscord