Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.75 each. If a spoilage...

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Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.75 each. If a spoilage rate of 5% is anticipated, at what price (in $) should the cakes be sold to achieve a 40% markup based on cost? (Round your answer to the nearest cent.) Suppose a bakery makes 200 cherry cheesecakes at a cost of $2.75 each. If a spoilage rate of 5% is anticipated, at what price (in $) should the cakes be sold to achieve a 40% markup based on cost? (Round your answer to the nearest cent.)

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solution Total cost for mo making 200 cakes 200x275 140 To... View the full answer