A manufacturer distributed a new smart thermostat system, Ask an Expert

Management Studies

A manufacturer distributed a new smart thermostat system through wholesalers and retailers. The retail selling price was $850 and the wholesale price was $383. The manufacturers selling price was $156 and the manufacturing cost was $88. Use the selling price based method to determine the mark-up percentages for the retailer. Round up to the second decimal point.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93108674

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