Mathematics, 16.10.2020 03:01 gggggg47
A phone manufacturer is determining a price for its product using a cost-based pricing strategy. The fixed costs are $100,000, and the variable costs are $50,000. If 1,000 units are produced and the company wants to have a 30 percent markup, what is the price of the phone? (show work)
Answers: 1
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