As the manager of Speedy Supermarket, answer the following questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) Speedy Supermarket 4/$5 2 Liter Bubbly-Cola...


As the manager of Speedy Supermarket, answer the following questions. (Round<br>dollars to the nearest cent and percents to the nearest tenth of a percent.)<br>Speedy Supermarket<br>4/$5<br>2 Liter Bubbly-Cola<br>Products<br>SALE<br>$13/3<br>12 Pack<br>Bubbly-Cola Products<br>(a) If 2 liter Bubbly-Cola products cost Speedy $15.60 per case of 24 bottles,<br>what is the amount of the markup (in $) and what is the percent markup on<br>selling price per case?<br>amount of the markup<br>2$<br>percent markup on selling price<br>%<br>(b) If 12 pack Bubbly-Cola products have a markup of $8.55 per case of six 12<br>packs at Speedy, what are the cost (in $) and the percent markup on selling<br>price per case?<br>cost<br>percent markup on selling price<br>(c) Why has Speedy Supermarket chosen to use markup based on selling price?<br>O Speedy Supermarket can control how much they pay for items using<br>markup based on selling price.<br>Speedy Supermarket is a manufacturer and therefore uses markup<br>based on selling price.<br>The markup based on selling price is greater than markup on cost.<br>O Speedy Supermarket is a retail store and therefore uses markup based<br>on selling price.<br>The markup based on selling price is easier to calculate than markup on<br>cost.<br>

Extracted text: As the manager of Speedy Supermarket, answer the following questions. (Round dollars to the nearest cent and percents to the nearest tenth of a percent.) Speedy Supermarket 4/$5 2 Liter Bubbly-Cola Products SALE $13/3 12 Pack Bubbly-Cola Products (a) If 2 liter Bubbly-Cola products cost Speedy $15.60 per case of 24 bottles, what is the amount of the markup (in $) and what is the percent markup on selling price per case? amount of the markup 2$ percent markup on selling price % (b) If 12 pack Bubbly-Cola products have a markup of $8.55 per case of six 12 packs at Speedy, what are the cost (in $) and the percent markup on selling price per case? cost percent markup on selling price (c) Why has Speedy Supermarket chosen to use markup based on selling price? O Speedy Supermarket can control how much they pay for items using markup based on selling price. Speedy Supermarket is a manufacturer and therefore uses markup based on selling price. The markup based on selling price is greater than markup on cost. O Speedy Supermarket is a retail store and therefore uses markup based on selling price. The markup based on selling price is easier to calculate than markup on cost.

Jun 05, 2022
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