Jared is selling his3D-cut wooden wallets online for $29.His materials cost him roughly $5per wallet, shipping is
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Question:
Jared is selling his 3D-cut wooden wallets online for $29. His materials cost him roughly $5 per wallet, shipping is about $3 per package, and his overhead and machinery he figures cost him about $2 per wallet.
by setting a 75% margin, he is engaging in what practice?
a. Product Marketing
b. Value-based pricing
c. Profitability
d. Cost based pricing
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Managerial Accounting
ISBN: 978-0133025071
2nd canadian edition
Authors: Karen W. Braun, Wendy M. Tietz, Rhonda Pyper
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