Tricon Piping Systems manufactures small diameter potable polyethylene water pipe and achieves distribution primarily through plumbing wholesalers.
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Question:
Within a given distribution channel, the following information is available concerning trade margins and costs.
A wholesaler has a unit selling price of $26 and a unit cost of $18. The retailer requires a 35% markup on selling price. The manufacturer has unit variable costs of $8.
Calculate the retailer selling price.
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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