A store pays $60 for a set of cookware. Overhead expense on each cookware is 6% of the selling price and the profit is 1
Posted: Mon Jul 11, 2022 12:05 pm
Question On cost Markup Rate (%) % On Selling price %
A store pays $60 for a set of cookware. Overhead expense on each cookware is 6% of the selling price and the profit is 17% of the selling price. Fill in the missing values in the given merchandizing-calculation table. (Round your answers to two decimal places if needed) Profit (P) Amount ($) Expenses (E) Markup (M) $ Cost (C) Selling Price (S) $ S SA Next