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12. Calculate the target price to earn a 10% markup on skateboards. How much would the manufacturer have to charge the retailer using the following
12. Calculate the target price to earn a 10% markup on skateboards. How much would the manufacturer have to charge the retailer using the following information? - Price customers willing to pay: $2025 - Markup required by retailer: 10% - Variable costs; $12 per blank board - Fixed costs: $500,000 - Profit required by manufacturer: 20%
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