Melissa doors, CEO of MACROHARD, wanted to announce the use of cost-plus pricing in a press conference, so she asked her assistant to calculate what the % markup would be if MACROHARD made exactly enough phones to fulfill both orders together (alphabet soup and blueberry) and then sold them at $140. Mr. Assistant moonlights as a student in the MKTG 3500 class, so he knew how to calculate the answer.

What is the number that he came up with and how?

Answer rating: 100% (QA)

Percentage mark up Assuming the cost is100 The selling price is 140 What is the mark up To ... View the full answer