Question: You work at a sporting goods store. You are considering adding baseball gloves and bats to your inventory. What would be the selling price of

You work at a sporting goods store. You are considering adding baseball gloves and bats to your inventory. What would be the selling price of baseball bats with a mark-up percentage of 85%(cost is $12) and the baseball gloves with a target gross margin of 60%(cost is $20).
Question 1Select one:
a.
None of these answers is correct.
b.
Selling Price (bats)= $22.20; Selling Price (gloves)= $50
c.
Selling Price (bats)= $24; Selling Price (gloves)= $25.00
d.
Selling Price (bats)= $37; Selling Price (gloves)= $22
e.
Selling Price (bats)= $32; Selling Price (gloves)= $10.2

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