Question
The cost to produce 1 pound of tea is $10. When the company applies an 80 percent markup pricing on the cost of the tea,
The cost to produce 1 pound of tea is $10. When the company applies an 80 percent markup pricing on the cost of the tea, the company will charge __ for 1 pound of tea.
a) 20 b) 18 c) 30 d) 25 e) 12
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
978-0077639730
