Aunt Sally's "New Orleans Most Famous Pralines" sells pralines costing $1.09 each to make. If Aunt Sally's wants a 35% markup based on selling price and produces 30 pralines with an anticipated 11% spoilage, what should each praline be sold for? Note: Use your unrounded "number of units available for sale" value (after accounting for spoilage). Round your answer to the nearest cent. Selling price
Aunt Sally's "New Orleans Most Famous Pralines" sells pralines costing $1.09 each to make. If Aunt Sally's wants a 35% markup based on selling price and produces 30 pralines with an anticipated 11% spoilage, what should each praline be sold for? Note: Use your unrounded "number of units available for sale" value (after accounting for spoilage). Round your answer to the nearest cent. Selling price
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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