A truckload of materials was purchased for $ 36,000. They were sorted out into the following...
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A truckload of materials was purchased for $ 36,000. They were sorted out into the following grades whose market rate is shown as under. No, of Units Selling rate per unit Grade X 5,000 $ 4.80 Grade Y 3,000 $ 4.00 Grade Z 2,000 $ 2.00 Find out the purchase rate per unit of each grade of the materials assuming all grades yield at the same rate of profit. A truckload of materials was purchased for $ 36,000. They were sorted out into the following grades whose market rate is shown as under. No, of Units Selling rate per unit Grade X 5,000 $ 4.80 Grade Y 3,000 $ 4.00 Grade Z 2,000 $ 2.00 Find out the purchase rate per unit of each grade of the materials assuming all grades yield at the same rate of profit.
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Product No of units Selling Price per unit Sales Cost of Materials Per unit Cost of Material Profit ... View the full answer
Related Book For
Statistics Unlocking the Power of Data
ISBN: 978-1118583104
1st edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
Posted Date:
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