Assume that the markup is based on cost. Find the dollar markup and the percentage markup on
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Question:
Assume that the markup is based on cost. Find the dollar markup and the percentage markup on the cost of the following. (Round your answer of "Margin in Dollars" to the nearest cent and "Margin in Cost Percentage" to the nearest hundredth percent.) |
Cost | Sale price | dollar markup | Percentage of margin over cost |
$16.50 | $24.80 | ps | % |
Related Book For
Horngrens Accounting
ISBN: 978-0134674681
12th edition
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
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