Question
With an original goal of selling fresh apples from the family orchard at a roadside stand, Deer Valley Organics has become a unique operation featuring
With an original goal of selling fresh apples from the family orchard at a roadside stand, Deer Valley Organics has become a unique operation featuring a wide variety of locally grown organic produce and farm products that include their own fruit as well as products from the areas finest growers. A number of different products are available, including apples, strawberries, and raspberries as either prepackaged or pick your own; assorted fresh vegetables; ciders, jams, and jellies; and organic fresh eggs and free-range chicken whole fryers. Prepackaged apples are still the mainstay of the business, and after adding all production and labor costs, Deer Valley determined that the cost of these apples was 84 cents per pound. Based on the national average for apples sold on a retail basis, Deer Creek sets a target price of $1.49 per pound for the prepackaged apples. Using this selling price, compute the percent of markup based on cost for the prepackaged apples. Answer in Blank#1 with units to the correct power, round to the nearest hundredths, and no spaces (Example: 27.23gal/min, 18yd, 22.17yd^2, 727.98yd^3, 30.93%, etc.) Based on the national average for apples sold on a retail basis, Deer Creek sets a target price of $1.49 per pound for the prepackaged apples. Using this selling price, compute the percent of markup based on selling price for the prepackaged apples. Answer in Blank#2 with units to the correct power, round to the nearest hundredths, and no spaces (Example: 27.23gal/min, 18yd, 22.17yd^2, 727.98yd^3, 30.93%, etc.) Question 2 options:
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