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Dreamy Designz is a t-shirt manufacturer that sells to many retail stores in North Carolina through a distributor that uses a 30% markup. If
Dreamy Designz is a t-shirt manufacturer that sells to many retail stores in North Carolina through a distributor that uses a 30% markup. If Kelly's Closet, a popular boutique in the area, sells their t shirts for $30 per shirt, with a markup of 40%, what price should Dreamy Designz charge per shirt using the chain-markup pricing method (rounded to the nearest cent)?
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Using the chainmarkup pricing method the selling price of Dreamy Designzs tshirt should be calculated as follows 1 Calculate the selling price charged by the distributor to retail stores Distributors Selling Price Cost Price Cost Price Distributors Markup Distributors Selling Price Cost Price Cost Price 030 2 Calculate the selling price charged by the boutique to customers Boutiques Selling Price Distributors Selling Price Distributors Selling Price Boutiques Markup Boutiques Selling Price Distributors Selling Price Distributors Selling Price 040 Now lets calculate ...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
