A company selling protein powder sells to grocery stores through a distributor. The company's costs for its protein powder is $4.00/jar. It sets its recommended retail price (price paid by the end customer when they buy it at the store) such that the grocery store and distributor receive their typical industry margins, and the protein powder company receives a 30% margin. What will the recommended retail price be set at? O $10.88 $8.45 $9.98 O $12.49 K