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mettel products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $20 each. The distributors' margins are 30%.
mettel products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $20 each. The distributors' margins are 30%. Metal Products' cost of goods sold is $3 each, and its total variable costs (including selling cost) are $5 per drive. What is the gross margin (in percentage) enjoyed my Mettel Products on its drives
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International Accounting
Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera
5th edition
1259747980, 9781259747984, 1260466531, 978-1260466539
