Question
Marketing Scenario: You are a manufacturer who distributes your product through a channel of distribution that includes wholesalers, retailers, and consumers. Your product is offered
Marketing Scenario: You are a manufacturer who distributes your product through a channel of distribution that includes wholesalers, retailers, and consumers. Your product is offered to the retailer at $45.00 per unit and, at that price, the item carries a forty percent margin. You sell the product through a wholesaler who earns a ten percent margin. Finally, you maintain a twenty-five percent profit margin on all sales. Given this, Which statement is false?
Manufacturers Price is 24.30 per unit
Retailers cost is $27.00 per unit
Wholesalers price is 27.00 per unit
Manufacturers cost is 18.23 per unit
Retailer's profit margin is 40%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started