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12. (15 pts) Calculate the selling price of a unit of your soap that gives you a gross margin of 50% Assume that your cost
12. (15 pts) Calculate the selling price of a unit of your soap that gives you a gross margin of 50% Assume that your cost of goods sold is $7 per bar of soap. Please show your calculations. Is this selling price a sustainable one given that your competition sells its units for $9 a bar? Explain Step by Step Solution
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Advanced Accounting
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
13th edition
134472144, 978-0134472140
