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Assume that Arley (Problem 838) can sell the broken cookies for $1.40 each. What should Arley price each cookie? Problem 838: Arleys Bakery makes fat-free

Assume that Arley (Problem 8–38) can sell the broken cookies for $1.40 each. What should Arley price each cookie?

Problem 8–38:

Arley’s Bakery makes fat-free cookies that cost $1.50 each. Arley expects 15% of the cookies to fall apart and be discarded. Arley wants a 45% markup on cost and produces 200 cookies. What should Arley price each cookie?

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