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Author Question: Lingh Suit Co. has received a shipment of suits that cost $200 each. If the company uses cost-plus ... (Read 48 times)

gboileau

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Question 1

While customers and cost influence prices, so does
◦ desired profit.
◦ competition.
◦ contribution margin.
◦ fixed versus variable costs.

Question 2

Lingh Suit Co. has received a shipment of suits that cost $200 each. If the company uses cost-plus pricing and applies a markup percentage of 60%, what is the sales price per suit?
◦ $333
◦ $320
◦ $500
◦ $280


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Marked as best answer by gboileau on Feb 5, 2023

Talvinder.Singh

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gboileau

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Reply 2 on: Feb 5, 2023
Excellent


amit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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