Village Foods employs a 35% rate of markup on the cost of all dairy products. The stores

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Village Foods employs a 35% rate of markup on the cost of all dairy products. The store’s overhead averages out to 20% of sales each month. What is the operating profit on a 4-litre pail of ice cream for which the wholesale cost is $4.65?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 06:59 AM

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Village Foods employs a 35% rate of markup on the cost of all dairy products. The stores

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Business Mathematics In Canada

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