Asked by Ariel
Arley’s Bakery makes fat-free cookies that cost $1.60 each. Arley expects 25% of the cookies to fall apart and break. Assume that Arley can sell the broken cookies for $1.50 each. Arley wants a 55% markup on cost and produces 200 cookies. What price should Arley charge for each unbroken cookie? (Round your answer to the nearest cent.)
Answers
Answered by
Reiny
Number of cookies made --- 200
cost of cookies = 1.6(200) = $320
50 are broken and 150 are good
to have a 55% markup on cost, her return must be 1.55($320) = $496
let her selling price of good cookies be x
1.6(50) + 150x = 496
solve for x
cost of cookies = 1.6(200) = $320
50 are broken and 150 are good
to have a 55% markup on cost, her return must be 1.55($320) = $496
let her selling price of good cookies be x
1.6(50) + 150x = 496
solve for x
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.