Question: Explain how she is most likely setting prices for these products, and what would need to be done differently if she wanted to use a

Explain how she is most likely setting prices for these products, andwhat would need to be done differently if she wanted to usea steady markup percentage based on her costs? Gretta's custom clothing business

Explain how she is most likely setting prices for these products, and what would need to be done differently if she wanted to use a steady markup percentage based on her costs?

Gretta's custom clothing business is really doing well! The company has orders from last month that are incomplete, and additional new orders this month that she still has to complete. She is concerned that she's getting behind, which might damage her company's reputation of providing quality and style in a fast turnaround time. The following are the job cost sheets reflecting her work in January and so far in February. \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Job \#4490 } \\ \hline & Date & Amount & Selling Price \\ \hline \multirow[t]{2}{*}{ Direct material } & 1/25/25 & $50.00 & \\ \hline & 2/3/25 & $40.00 & \\ \hline \multirow[t]{2}{*}{ Direct labor } & 1/30/25 & $125.00 & \\ \hline & 2/4/25 & $75.00 & \\ \hline \multirow[t]{2}{*}{MOH} & 1/30/25 & $93.75 & \\ \hline & 2/4/25 & $56.25 & \\ \hline \multicolumn{4}{|l|}{ Job status } \\ \hline Completed & 2/4/25 & $440.00 & \\ \hline Sold & 2/5/25 & $440.00 & $600.00 \\ \hline \end{tabular} \begin{tabular}{lllll} & \multicolumn{2}{c}{ Job \#3772 } & \\ \cline { 1 - 2 } \cline { 5 - 5 } Direct material & 2/5/25 & & $80.00 & \\ Direct labor & 2/6/25 & & $40.00 & \\ MOH & 2/6/25 & & $30.00 & \\ Job status & & & & \\ In process & & & & \end{tabular}

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