You plan on using cost-based pricing. The cost of your product is $10, and you are planning a 30% mark-up. What should the price

Question

3 years ago

14

of your product be?

1 answer:

Leto [7] · Answer 1 · 2022-04-23T06:02:31+03:00

Answer:

Selling price= $13

Step-by-step explanation:

Giving the following information:

The cost of your product is $10, and you are planning a 30% mark-up.

<u>The price of the product is calculated by adding to the manufacturing costs a predetermined percentage.</u>

Selling price= 10*1.3

Selling price= $13