Question: The local hardware store is considering a promotion in which it would sell preselected tools for $ 6 each. The managers are hoping that young
The local hardware store is considering a promotion in which it would sell preselected tools for $ each. The managers are hoping that young adults will come into the store and equip themselves with "the basics," allowing the store's serviceoriented staff to teach them how to use each tool. However, the company's profit goals require a contribution margin ratio of at least before any new promotions are approved. The company's current variable cost per unit for these tools is $ and its tax rate is
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