Determine the unit cost and then the markup price for hiking shoes using the following information:
Variable cost per unit: $50
Fixed costs: $30,000
Expected unit sales: 1,500 units
Markup (profit margin) 30%
(Answered) : Determine the unit cost and then the markup price for hiking shoes using the following information: Variable cost per unit:
Categories:
Unit cost = 50+(30000/1500)= $70
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