Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 80%. The National Parks Memory Card Game costs $5.00 each, and another one, the Guess This Animal Track Game, costs $5.00 each. Required: 1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places. $fill in the blank 1 2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.
Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 80%. The National Parks Memory Card Game costs $5.00 each, and another one, the Guess This Animal Track Game, costs $5.00 each. Required: 1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places. $fill in the blank 1 2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Lake McDonald Gift Shop has decided to price the games that it sells at cost plus 80%. The National Parks Memory Card Game costs $5.00 each, and another one, the Guess This Animal Track Game, costs $5.00 each.
Required:
1. What price will Lake McDonald Gift Shop charge for each National Parks Memory Card Game? If required, round your answer to two decimal places.
$fill in the blank 1
2. What price will Lake McDonald Gift Shop charge for each Guess This Animal Track Game? If required, round your answer to two decimal places.
$fill in the blank 2
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