San De Marco Company has a very unique product with no real competitors, therefore they use cost plus pricing. They mark up their cost by 73% to set selling price. The cost of their product is $433. What is the selling price of their product? Enter your answer by rounding to the nearest whole dollar. Don't enter dollar signs or commas.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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San De Marco Company has a very unique product with no real competitors, therefore they
use cost plus pricing. They mark up their cost by 73% to set selling price. The cost of their
product is $433. What is the selling price of their product?
Enter your answer by rounding to the nearest whole dollar. Don't enter dollar signs or commas.
Transcribed Image Text:San De Marco Company has a very unique product with no real competitors, therefore they use cost plus pricing. They mark up their cost by 73% to set selling price. The cost of their product is $433. What is the selling price of their product? Enter your answer by rounding to the nearest whole dollar. Don't enter dollar signs or commas.
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