Xavi is a painter of landscapes and seashore portraits. He works outside and has no overhead or
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Xavi is a painter of landscapes and seashore portraits. He works outside and has no overhead or fixed costs such as a studio. In a typical year, it costs him $206 in canvas, paints and brushes per painting. This year he sold 482 pictures at a price of $294 each.
At the current selling price, what is his percent margin?
Related Book For
Cost Management A Strategic Emphasis
ISBN: 978-0077733773
7th edition
Authors: Edward Blocher, David Stout, Paul Juras, Gary Cokins
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