Question
He will still purchase shirts from FXFusion at the same cost of $82 after discounts of 13%, 9% and 4%. Michaela suggests setting a selling
He will still purchase shirts from FXFusion at the same cost of $82 after discounts of 13%, 9% and 4%. Michaela suggests setting a selling price of $125 while at the same time changing expenses to represent 32% of the regular selling price.
Her father still purchases the same number of shirts. 551 to be sold at regular price, 271 to be sold at a markdown of 21% and the remaining 196 shirts to be sold at the new break-even price.
What is the PROFIT per shirt for shirts sold at the NEW break-even price? Answer must follow format of xx.xx rounded to 2 decimal places with correct units.
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