QS 23-17 (Algo) Pricing using total cost LO P6

Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $295 each. Jose believes he can produce a birdhouse for a total cost of $250 per unit, and he plans a 20% markup on total cost. (a) Compute Joss planned selling price. (b) Is Joss price lower than competitors price?

Complete this question by entering your answers in the tabs below. Compute Jos's planned selling price. Complete this question by entering your answers in the tabs below. Is Jos's price lower than competitors' price