Jos eacute Ruiz wants to start a company that makes snowboards Competitors sell a similar snowboard for $240 each Jos eacute believes he can produce a snowboard for a total cost of $200 per unit, and he plans a 25 markup on his total cost Compute Jos eacute 's planned selling price Can Jose compete...

Selling price Total cost markup 200 200 x 25 25 ...

José Ruiz wants to start a company that makes snowboards. Competitors sell a similar snowboard for $240

Question:

José Ruiz wants to start a company that makes snowboards. Competitors sell a similar snowboard for $240 each. José believes he can produce a snowboard for a total cost of $200 per unit, and he plans a 25% markup on his total cost. Compute José's planned selling price. Can Jose compete with his planned selling price?