1.4 A furniture manufacturer has a unit cost of $100 on an end table and wishes...

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1.4 A furniture manufacturer has a unit cost of $100 on an end table and wishes to achieve a margin of 60% based on selling price. If the manufacturer sells directly to a retailer who then adds a set margin of 50% based on selling price, determine the retail price charged to consumers. 1.4 A furniture manufacturer has a unit cost of $100 on an end table and wishes to achieve a margin of 60% based on selling price. If the manufacturer sells directly to a retailer who then adds a set margin of 50% based on selling price, determine the retail price charged to consumers.

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Computation of Retail price charged to consumers Particulars Unit cost 100 Add Margin of the ... View the full answer