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Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $245 each. Jos believes he can produce a birdhouse for
Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $245 each. Jos believes he can produce a birdhouse for a total cost of $200 per unit, and he plans a 25% markup on total cost. (a) Compute Jos's planned selling price. (b) Is Jos's price lower than competitors' price? Complete this question by entering your answers in the tabs below. Required A Required B Compute Jos's planned selling price. Selling price per unit
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