Questions: Complete (round answers to nearest cent): Item Total Qty Bought Unit Cost Total Cost Markup % on Cost Total Sales % That Will Spoil Selling Price Per Unit --- --- --- --- --- --- --- --- Brownies 40 0.70 40% 10% Prev 15 of 25 Next

Solution Steps

To solve this problem, we need to calculate the missing values in the table for the item "Brownies." The steps are as follows:

1. Calculate the Total Cost by multiplying the Total Qty Bought by the Unit Cost.
2. Calculate the Total Sales by applying the Markup % on Cost to the Total Cost.
3. Calculate the Selling Price Per Unit by dividing the Total Sales by the Total Qty Bought.
4. Consider the % That Will Spoil to adjust the Total Sales if necessary, but since it's not directly asked, we will focus on the first three calculations.

The Total Cost can be calculated using the formula: \[ \text{Total Cost} = \text{Total Qty Bought} \times \text{Unit Cost} \] Substituting the values: \[ \text{Total Cost} = 40 \times 0.70 = 28.0 \]

The Total Sales can be calculated using the formula: \[ \text{Total Sales} = \text{Total Cost} \times \left(1 + \frac{\text{Markup \%}}{100}\right) \] Substituting the values: \[ \text{Total Sales} = 28.0 \times \left(1 + \frac{40}{100}\right) = 28.0 \times 1.4 = 39.2 \]

The Selling Price Per Unit can be calculated using the formula: \[ \text{Selling Price Per Unit} = \frac{\text{Total Sales}}{\text{Total Qty Bought}} \] Substituting the values: \[ \text{Selling Price Per Unit} = \frac{39.2}{40} = 0.98 \]

Final Answer