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Unit operating expenses for an item costing $44 are estimate at 30% of cost, and the desired operating profit is 15% of cost. A. determine
Unit operating expenses for an item costing $44 are estimate at 30% of cost, and the desired operating profit is 15% of cost.
A. determine the selling price (do not round intermediate calculations and round final answer to 2 decimal places)
selling price = $?
B. determine the rate of markup on cost
markup on cost = %?
C. determine the rate of markup on selling price
markup on selling price = %?
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