Question: Given the costs you just calculated and recognizing that the company typically sets its selling prices at 1 4 0 % of its product costs,

Given the costs you just calculated and recognizing that the company typically sets its selling prices at 140% of its product costs,
what level of sales would Paul have expected? What gross margin percentage would this ganerate? (Round gross margin percentage
to 1 decimal place, eg.15.2%)
Expected sales revenue $
Gross margin parcentage
Given the costs you just calculated and recognizing that the company

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