Brooke sells clay pots at his pottery studio for $30 each. The overhead expenses are $11 per

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Brooke sells clay pots at his pottery studio for $30 each. The overhead expenses are $11 per pot and operating profit is 30% on selling price.

a. What is his amount of markup per pot?

b. How much does it cost him to purchase each pot?

Related Book For answer-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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Posted Date: Jan 30, 2024 03:06 AM

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Brooke sells clay pots at his pottery studio for $30 each. The overhead expenses are $11 per

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Income Tax Fundamentals 2019

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