Anthony has purchased a new shipment of 50 Bluetooth earbuds that he plans to sell for $99.99 each. The manufacturer informs Anthony that each product will cost Anthony $52, but this does not include the cost of transportation. Even with the extra transportation costs, Anthony is not worried. He believes he can sell all 50 earbuds by the end of the month. After adding up inventory, transportation, storage, and other costs, he determines that his total costs will be $3,750. Refer to Scenario 19.4. Anthony thinks that he can sell all 50 Bluetooth earbuds for $99.99 each. His total costs are estimated to be $3,750. However, by the end of the month Anthony has only sold 33 earbuds. What is his profit? a. $1,249.50 b. $133.53 c. $450.44 d. - $1,249.50 e. - $450.33
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Anthony has purchased a new shipment of 50 Bluetooth earbuds that he plans to sell for $99.99 each. The manufacturer informs Anthony that ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What could happen if you do not keep track of your checks you write?
Answers (1)
The officer responsible for managing the firm's cash flows is the
Answers (1)
Quentin is a realtor selling high-end homes priced over $750,000. Before showing a property to prospective clients, Quentin makes sure they are pre-qualified for a home loan commensurate with the price of the house.
Answers (1)
What peripherals would you need to host a video conference? A. Stylus, speakers, and scanner B. Printer and scanner C. Webcam, speakers, and microphone D. Webcam and projector
Answers (1)
Al shea is the sole owner and operator of saw tooth company. at the end of its accounting period, december 31, 2005, sawtooth company has assets of $925,000 and liabilities of $285,000.
Answers (1)
New Questions in Business
The manager of a national retailing outlet recently hired an economist to estimate the firm's production function.
Answers (1)
There are a number goods that over time, for a variety of reasons, transition from being a normal good to an inferior good or from being an inferior good to a normal good. One such example of a good is the Toyota Camry.
Answers (1)
Three members of the DiCarlo family, Vinny, Maria, and Franki, are choosing the entree for a large family reunion. Their options are: spaghetti, ravioli, lasagne, and pizza.
Answers (1)
How much of gordon's social security is taxable? a. $0 b. $16,000 c. $13,600 d. $6,646?
Answers (1)
Buffalo Corporation purchased warehouse shelving for $96,000, terms 1/10, n/30. At the purchase date, Buffalo intended to take the discount. Therefore, it made no entry until it paid for the acquisition. The entry was:
Answers (1)