Gonzalo Inc. is a small distributor of mechanical pencils. Gonzalo identifies its three major activities and cost
Question:
Gonzalo Inc. is a small distributor of mechanical pencils. Gonzalo identifies its three major activities and cost pools as ordering, receiving and storage, and shipping, and it reports the following details for 2017:
For 2017, Gonzalo buys 250,000 pencil packs at an average cost of $5.76 per pack.
Gonzalo plans to use cost-plus pricing.
Calculate the prospective selling price (1) if Gonzalo marks up the purchase costs of the pencil packs by 33% and (2) if Gonzalo marks up the full cost of the pencil packs by 7%.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: