Asked by megan
The production costs for 4 lollies is 9.55 strawberry, 8.70 orange, 9.99 grape, 6.30 bubblegum. The packaging is the same for all lollies at 5.00 per lolly. Owners like to add 25% markup on their stock.
Calculate the retail price of the strawberry lolly.
Is packaging included in production cost?
Calculate the retail price of the strawberry lolly.
Is packaging included in production cost?
Answers
Answered by
Damon
[ (9.55/4) + 5 ] 1.25
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