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b . Suppose it costs both McDonald s and Wendy s $ 3 ( COGS ) per their value meal offerings, each sold at the

b. Suppose it costs both McDonalds and Wendys $3(COGS) per their value meal offerings, each sold at the same price of $4. Assume that the cost of inventory for both companies is 30 percent a year. Compute the per-unit inventory cost per value meal (in dollars) for McDonalds and Wendys.(Do not round intermediate calculations. Round the answers to 4 decimal places.)

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