dorendajohnsonox5c3p dorendajohnsonox5c3p
  • 01-10-2017
  • Mathematics
contestada

If the unit selling price is 2.50 and the unit cost is 1.00 what action is needed to maintain the gross margin percentage when unit cost increase 0.25

Respuesta :

musiclover10045
musiclover10045 musiclover10045
  • 01-10-2017

The original gross margin is (2.50 / 1.00) - 1 = (2.5 - 1) = 1.5  =  150%

the cost increases 0.25, is an increase of (0.25 / 1.00) = 25%

  in order to keep the same gross margin, you need to increase the sale price by 25%

2.50*1.25 = 3.125

Then the gross margin is (3.125 / 1.25) - 1 = (2.5 - 1) = 1.5 = 150% ( same as original )

Answer Link

Otras preguntas

if h (x) = -4x^2 + 3x + 10, find h (-2)​
A running shoe manufacturer has a fixed overhead of $ 580000.00, variable costs of $ 50.00, and a selling price of $ 100.00. (c) Smallest number of pairs of sh
PLEAEEEE HELP Writing something random for 20 words lol or letters i dont know
Helpppppppppppppppppppppppppppppppppppppppppplz2
A restaurant prepares 200.00 pizza slices and sells them at a rate of $13.00/slice. Expenses for the restaurant include raw material for pizza at $5.00 per slic
Solve this, please Thanks
22. we bought a new cell phone. a. Bought b. We c. New Cell Phone
Solve the equation for x. x3 = 64
Please explain the answer! Will give brainliest :)
If you're unsure if something is true, what should you do? A. Research the information B. Trust it if you know the person C. Trust it if the person has shared a