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Starlight Building Supply obtains 4-by-8-foot sheets of wallboard from Canadian Gypsum at $30 per sheet less 30% and 10%. The price is to be set
Starlight Building Supply obtains 4-by-8-foot sheets of wallboard from Canadian Gypsum at $30 per sheet less 30% and 10%. The price is to be set to cover Starlight's overhead of 20% of the selling price and to provide an operating profit of 18% of the selling price . Required: What should be the retail price per sheet?
Please provide formulas.
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