Why does the cost of raw materials represent about 55 to 80 percent of the cost of

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Why does the cost of raw materials represent about 55 to 80 percent of the cost of goods sold in U.S. industry, and why has this proportion been increasing over time?

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International Business The Challenge of Global Competition

ISBN: 978-0077606121

13th edition

Authors: Donald Geringer Ball, J. Michael Geringer, Jeanne M. McNett, Michael S. Minor

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Question Posted: Mar 04, 2016 07:55 AM

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Why does the cost of raw materials represent about 55 to 80 percent of the cost of

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The reason for a large and increasing proportion of cost of raw ma...View the full answer

International Business The Challenge of Global Competition

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