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Jose Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $330 each. Jose pelieves he can produce a birdhouse for
Jose Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $330 each. Jose pelieves he can produce a birdhouse for a total cost of $280 per unit, and he plans a 20% markup on total cost. (a) Compute Jose's planned selling price. (b) Is Jose's price lower than competitors' price? Complete this question by entering your answers in the tabs below. Compute Jose's planned selling price
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