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Author Question: Having done all the calculations, how can Jennifer identify unit cost for each dress? What is the ... (Read 33 times)

sammy

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on: Sep 11, 2018
Having done all the calculations, how can Jennifer identify unit cost for each dress? What is the most Jennifer can pay for each dress? If you were Jennifer would you purchase the 98.00 dress from the new vendor?
 
  What will be an ideal response?

Question 2

What is the NAICS number for clothing accessories stores?
 
  a. 448150 c. 448120
  b. 448130 d. 448110


tjayeee

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Reply #1 on: Sep 11, 2018
Answer to Question 1

Jennifer would need to first calculate total purchase:
Total purchase = 30 x 120.00 + 20 x 220.00 = 8,000.00
Then she needs to calculate the balance:
Balance = Total needs at cost  Total purchase = 11,200.00  8,000.00 = 3,200.00
In order to calculate maximum unit cost, Jennifer needs to divide cost balance to the number of dresses she needs to purchase:
Unit cost = Cost balance  Number of dresses to be purchased = 3,200.00/ 40 = 80.00

Answer to Question 2

a


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