Last month, a plastic box manufacturer sold 8,000 plastic boxes, achieving a total revenue of 40,000....

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Last month, a plastic box manufacturer sold 8,000 plastic boxes, achieving a total revenue of £40,000. The manufacturer adds a 25% mark-up to the unit cost of each plastic box. Calculate the unit cost per plastic box. Last month, a plastic box manufacturer sold 8,000 plastic boxes, achieving a total revenue of £40,000. The manufacturer adds a 25% mark-up to the unit cost of each plastic box. Calculate the unit cost per plastic box.

Answer rating: 100% (QA)

First determine the cost before the markup is applied Lets assume th... View the full answer