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Angie's Bake Shop makes birthday chocolate chip cookies that cost $2 each. Angie expects that 10% of the cookies will crack and be discarded. Angie

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Angie's Bake Shop makes birthday chocolate chip cookies that cost $2 each. Angie expects that 10% of the cookies will crack and be discarded. Angie wants a 60% markup on cost and produces 100 cookies. Required: Using the information given above, answer the following questions: 1. What is the total cost of the chocolate chip cookies? 2. What is the markup on cost for the cookies? 3. What is the total selling price for the cookies? 4. What percentage of cookies will crack or be discarded from production? 5. How many sellable cookies will Angie have after discarding the defective cookies? 6. What should Angie price each cookie? Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect

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