son 5 red Kwik Korner uses a markup of 65% of cost on all snack foods. The store's overhead has been determined to be 15% of cost. a) What is the operating profit on a party pack of chips if the wholesale cost is $5.30? (4 marks) b) What is the rate of markup on selling price? (2 marks) c) What is the breakeven selling price for the chips? (1 mark bonus) out of 3 on Paragraph 1 = = US X, X EE 3 1 A Font family - Font size a) Operating profit on a party pack of chips b) Rate of markup on selling price Path:p - strong