Answered: Given: Mark-on (MO) = P599 Cost (C) =…

Given: Mark-on (MO) = P599 Cost (C) = P1699 Mark-up rate based on cost (MU_c%) = 30% Find the selling price after increase/Peak selling price (PS)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Given:
Mark-on (MO) = P599
Cost (C) = P1699
Mark-up rate based on cost (MU_c%) = 30%
Find the selling price after increase/Peak selling price (PS).

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