Ask Question
BusinessBusiness
17 November, 14:58

What is a standard mark up

+1
Answers (2)
  1. 17 November, 15:14
    0
    Answer:Standard markup is a fast and easy method to figure out how much you should charge for your goods or services. Standard markup boils down to one simple formula: actual cost + markup = price. For example, it might cost you $3 in ingredients to make a sandwich.
  2. 17 November, 15:24
    0
    Standard markup is a fast and easy method to figure out how much you should charge for your goods or services. Standard markup boils down to one simple formula: actual cost + markup = price. As a small-business owner, you can use standard markup to get an idea of what you should be charging for your items.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is a standard mark up ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of the following are characteristics of laissez-faire leadership? Select all that apply. The group members are self-directed. The leader resolves conflicts and determines policies. Decisions are made quickly.
No Answers
An architect's compensation package includes the total cost of a $250-per-month health insurance plan, the total cost of a $35-per-month life insurance plan, and a salary of $55,000 per year. What is the yearly value of the compensation package? A.
Answers (1)
The first factor to consider in pricing is who your demographic is. grazzi, the competing handbag, is marketing to upper-middle-class, professional working women. how do you want to position the bien tote in relation to grazzi?
Answers (1)
What is the sba intended to do? a. decrease competition b. support small businesses c. reduce prices for consumers d. increase school programs for business education
Answers (1)
Glebe Company accepted a credit card account receivable in exchange for $1,100 of services provided to a customer. The credit card company charges a 5% fee for handling the transaction.
Answers (1)
New Questions in Business
Silver Trading Corp. recorded a net income of $200,000 for the year 2021. For the same period, the company purchased land for $150,000. It sold some of its long term investments for $50,000 during the period.
Answers (1)
What is the term that refers to a form of wealth that can be stored for the future?
Answers (1)
NewLinePhone Corp. is very risky, with a beta equal to 2.8 and a standard deviation of returns of 32%. The risk-free rate of return is 3% and the return on the market is 11%. NewLinePhone's marginal tax rate is 35%.
Answers (1)
Which of the following is a drawback of setting pay rates based strictly on a pay policy line? A. It increases the administrative burden of managing the compensation system. B. Employees have difficulty interpreting regression analysis. C.
Answers (1)
Long-lived assets are: a) non-operating assets expected to yield their economic benefits (or service potential) over a period longer than one year.
Answers (1)
Home » Business » What is a standard mark up
Sign Up Forgot Password?