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Waterway Industries has received a shipment of suits that cost $340 each. If the company uses cost-plus pricing and applies a markup percentage of 60%,

Waterway Industries has received a shipment of suits that cost $340 each. If the company uses cost-plus pricing and applies a markup percentage of 60%, what is the sales price per suit? Select answer from the options below $544 $850 $280 $567

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