A manufacturer of vertical blinds purchases raw materials for $17.00 per set of blinds and has a markup of $120.00 per set of blinds. The operating profit is 65.00% of the selling price. What are the overhead expenses per set of blinds?
A manufacturer of vertical blinds purchases raw materials for $17.00 per set of blinds and has a markup of $120.00 per set of blinds. The operating profit is 65.00% of the selling price. What are the overhead expenses per set of blinds?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.7: Costs, Income, And Value Problems
Problem 10P
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A manufacturer of vertical blinds purchases raw materials for $17.00 per set of blinds and has a markup of $120.00 per set of blinds. The operating profit is 65.00% of the selling price. What are the overhead expenses per set of blinds?
A computer assembly firm purchases computers at $230 per computer. The operating expenses are 28% on cost and rate of markup is 52% on cost. Calculate the break-even selling price.
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