Determining selling price Diva Co. wants to establish a selling price that will yield a gross margin

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Determining selling price Diva Co. wants to establish a selling price that will yield a gross margin of 40% on sales of a product whose cost is $12.00 per unit. The selling price should be: image text in transcribed

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Cost Accounting

ISBN: 9780538817646

2nd Edition

Authors: Les Heitger, Pekin Ogan, Serge Matulich

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Question Posted: Jun 05, 2024 08:01 AM

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Determining selling price Diva Co. wants to establish a selling price that will yield a gross margin

Question:

a. $16.80 b. $19.20 c. $20.00 d. $30.00

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Cost Accounting

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