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Bedford Bottlers is planning to introduce a new line of steel water bottles to the market. They know retailers will normally sell this type of
Bedford Bottlers is planning to introduce a new line of steel water bottles to the market. They know retailers will normally sell this type of product to consumers for $8.00 and will expect a 25% mark up. Costs to produce each bottle include: $0.90 for materials, $0.50 for assembly, $0.75 for finishing and $0.35 for shipping. What is the manufacturer's contribution margin for each bottle?
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