A hardware store buys outdoor lights for $4.00 per dozen less 26%, 24%. The store's overhead is 44% of cost and the required profit is 23% of cost. For how much per Kdozen should the lights be sold? The selling price should be $ per dozen (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)
A hardware store buys outdoor lights for $4.00 per dozen less 26%, 24%. The store's overhead is 44% of cost and the required profit is 23% of cost. For how much per Kdozen should the lights be sold? The selling price should be $ per dozen (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A hardware store buys outdoor lights for $4.00 per dozen less 26%, 24%. The store's overhead is 44% of cost and the required profit is 23% of cost. For how much per
Kdozen should the lights be sold?
The selling price should be $ per dozen.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
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