Question: Important: Show your calculations for each problem. If you do not show your calculations, you will not get credit. 1. A gardening supply retailer purchased

Important: Show your calculations for each problem. If you do not show your calculations, you will not get credit.

1. A gardening supply retailer purchased lawn fertilizer from a wholesaler for $3.50 per bag. The retail manager plans to take a 45% markup. What will the selling price be to the customer?

2. FineFit plans to test market a new line of vegan yogurt bars in three flavors. They have calculated the cost and projected sales for each. The chocolate cost per unit is .53 with projected sales of 12,000 units. The peanut cost per unit is .59 with projected sales of 15,000 units. The caramel cost per unit is .65 with projected sales of 10,000 units. Each bar will retail at the same price. Using average cost pricing and a 40% markup, what will FineFit price this product at the retail level?

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