p5 december 2007 Q3 Healthy sandwiches Co.

This topic has 3 replies, 3 voices, and was last updated 8 years ago by Ken Garrett.

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November 2, 2017 at 10:39 pm #414162
Anonymous
Inactive
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could you explain how the sales revenue figure of 45.000.000 was arrived at?
thanks
November 4, 2017 at 11:22 am #414290
Ken Garrett
Keymaster
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625,000,000 x 4% = 25,000,000.
25,000,000 x 2.4 = 60,000,000
Thls is SFG’s sales, and contains a mark-up of 33 1/3.
Sales value to HSC is therefore 60m x 3/4 = 45m.
February 14, 2018 at 6:39 pm #437279
nimuwanjih
Member
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Dear Sir,
Kindly assist me understand how 331/3% is turned to 3/4.
February 14, 2018 at 8:22 pm #437305
Ken Garrett
Keymaster
- Topics: 10
- Replies: 10653
Cost + Profit = Sales
A markup means an amount added to cost, so
100 + 33 1/3 = 133 1/3
The relationship between costmand sales is therefore:
100:133 1/3
Or
3: 4
Costs are therefore 3/4 of sales.
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