The ABC Office Products Company sells its Big Button calculators for $8 to distributors (minimum...

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Accounting

The ABC Office Products Company sells its Big Button calculators for $8 to distributors (minimum quantity of 48) and $12 to retailers (minimum quantity of 12). A single Big Button calculator costs ABC $4 to manufacture.
1. What is ABCs markup per unit when selling to retailers?
a. $_________ b._________%
2. What margin per unit does a distributor earn when selling to a retailer, assuming it follows ABCs pricing example?
a. $__________ b.__________%
3. If the retailer sells a unit for $24, what markup is being charged to the consumer?
a. $ ___________ b._____________%
4. The discount that ABC provided to the distributor off of the suggested retail price is known as a _______________ discount.
5. If ABC sells to distributors on a 2/10 net 30 basis, this discount is known as a ________ discount.
6. According to the _________________________________, ABC must charge the same price to all customers (with two exceptions).
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