Question
You are the sales manager of Indiy Creations, a company that creates wooden furniture. You are meeting with the CFO and need to prepare the
You are the sales manager of Indiy Creations, a company that creates wooden furniture. You are meeting with the CFO and need to prepare the pricing suggestions for the products. Some prices are calculated by a mark-up on cost, and others as a margin on selling price. Wooden benches 1 200 40% mark-up on cost A Garden set B 35% margin on selling price 5 600 Dining table C 45% mark-up on cost 8 900 Wooden swing 1 500 D % mark-up on cost 2 400 Barrel planters 850 E % margin on selling price 1 300 1.1 Complete the table above by filling in the missing content for A, B and C. Round off to the nearest whole number, and for percentages round off to two (2) decimal places.
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