Question
A truckload of materials was purchased for $ 36,000. They were sorted out into the following grades whose market rate is shown as under.
A truckload of materials was purchased for $ 36,000. They were sorted out into the following grades whose market rate is shown as under. No, of Units Selling rate per unit Grade X 5,000 $ 4.80 Grade Y 3,000 $ 4.00 Grade Z 2,000 $ 2.00 Find out the purchase rate per unit of each grade of the materials assuming all grades yield at the same rate of profit.
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Statistics Unlocking The Power Of Data
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
1st Edition
0470601876, 978-0470601877
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