Question: QUESTION 2 Tech Company is a medium-sized consumer electronics retailer. The company reported $155.000,000 in revenues for 2007 and $110,050,000 in Costs of Goods Sold

QUESTION 2 Tech Company is a medium-sized consumer electronics retailer. The company reported $155.000,000 in revenues for 2007 and $110,050,000 in Costs of Goods Sold (COGS). In the same year, Tech Co. held an average of $19779444in inventory, Inventory cost at Tech Co. is 45 percent per year. What is the per unit invertory cost (5) for an MP3 player sold at $40? Assume that the margin corresponds to the retailer's average margin

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