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Author Question: Judy's Jewelry sells necklaces to retailers across the country. Her gross margin can run as high as ... (Read 52 times)

olivia_rose

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on: Feb 5, 2023
Judy's Jewelry sells necklaces to retailers across the country. Her gross margin can run as high as 35%.

Required:
a.If the sales price for a pearl necklace is $249, what is the cost to make it, assuming
a 35% gross margin?
b.If Judy were to increase the cost of producing the pearl necklace to $166, what would
be
the markup percentage at the $249 sales price?
c.If Judy were to increase the cost of producing the pearl necklace to $166, what would
be
the sales price at a 35% gross margin?
Managerial Accounting ¦ Davis ¦ 4th Edition
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Marked as best answer by olivia_rose on Feb 5, 2023

breounasmoot

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Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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olivia_rose

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)

Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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