Mama Lil’s Butt-Kicking Peppers are sold for the retail price of $12 per jar at Whole Foods, who marks up the cost of the peppers 100%. Mama Lil’s pays a manufacturer representative a 10% commission on sales. If Mama Lil’s sells 120,000,000 units a year, what is the selling expense? a. $72,000 b. $144,000 c. $72,000,000 d. $144,000,000 e. It cannot be determined
Mama Lil’s Butt-Kicking Peppers are sold for the retail price of $12 per jar at Whole Foods, who marks up the cost of the peppers 100%. Mama Lil’s pays a manufacturer representative a 10% commission on sales. If Mama Lil’s sells 120,000,000 units a year, what is the selling expense? a. $72,000 b. $144,000 c. $72,000,000 d. $144,000,000 e. It cannot be determined
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Mama Lil’s Butt-Kicking Peppers are sold for the retail price of $12 per jar at Whole Foods, who marks up the cost of the peppers 100%. Mama Lil’s pays a manufacturer representative a 10% commission on sales. If Mama Lil’s sells 120,000,000 units a year, what is the selling expense?
a. $72,000
b. $144,000
c. $72,000,000
d. $144,000,000
e. It cannot be determined
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