The Cosby Company sells water fountains through wholesalers and retailers.The retail selling price is $950.00 and the manufacturing cost to the company is $400.00.The retail markup was 40 percent and wholesale markup was 25 percent. (Value 10 pts)

1. What was the cost to the wholesaler?__________________
2. What was the cost to the retailer?_____________________
3. What was the producers markup in dollars_________________

Expressed producers markup as a percentage of cost____________ and percentage of selling price__________________