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Last year, a locally owned grocery store in downtown Charleston sold 200 jars of plum jam at a unit selling price of $6 and 100
Last year, a locally owned grocery store in downtown Charleston sold 200 jars of plum jam at a unit selling price of $6 and 100 jars of orange jam at a price of $8. The associated costs for the plum jam were $4.50 per jar and for orange jam $5.50 per jar. What is the company margin in dollar and percentage terms?
Calculate: margin for plums and oranges in dollars $ and %
Calculate: Overall Company Margin in dollars $ and %
Last year, a locally owned grocery store in downtown Charleston sold 200 jars of plum jam at a unit selling price of $6 and 100 jars of orange jam at a price of $8. The associated costs for the plum jam were $4.50 per jar and for orange jam $5.50 per jar. What is the company margin in dollar and percentage terms? - Calculate: margin for plums and oranges in dollars $ and % - Calculate: Overall Company Margin in dollars $ and \%Step by Step Solution
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