Question: 00 8 Dints QS 25-17 (Algo) Pricing using total cost LO P6 Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a

00 8 Dints QS 25-17 (Algo) Pricing using total cost LO P6

00 8 Dints QS 25-17 (Algo) Pricing using total cost LO P6 Jos Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse for $240 each. Jose believes he can produce a birdhouse for a total cost of $205 per unit, and he plans a 20% markup on total cost. (a) Compute Jos's planned selling price. (b) Is Jos's price lower than competitors' price?

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