Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are $80,000

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Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are $80,000 and the VCs are $20 and $10 for polos and Tees respectively. The sales ratio is 60% polos and 40% tees. What is the weighted Price?

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Elementary Statistics Picturing The World

ISBN: 9780134683416

7th Edition

Authors: Ron Larson, Betsy Farber

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Posted Date: May 26, 2023 05:27 AM

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Assume Sports Shirtz sells 2 shirts: polos for $60 and t-shirts for $30. Fixed costs are $80,000

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To calculate the weighted price we need to consider the sale... View the full answer

Elementary Statistics Picturing The World

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