Jimmie will sell his ice cream cones for $2 each. Assume the following about Jimmies cost of

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Jimmie will sell his ice cream cones for $2 each. Assume the following about Jimmie’s cost of goods sold for one ice cream cone:image text in transcribed

a. What is the total COGS for one ice cream cone?

b. What is Jimmie’s gross profit per unit?

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