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Explain how you would calculate the costs for your products, the mark-up and selling price thereof, and to account for VAT and any other relevant
Explain how you would calculate the costs for your products, the mark-up and selling price thereof, and to account for VAT and any other relevant taxes using your own assuptions. In your explanations, you would need to reflect the calculations and discuss any assumptions made in your assessment.
The outcome of the above calculation needs to ensure that the business performance is viable and sustainable and not just contributing to covering the overheads of the organisation over the long term.
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