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?
1 answer
[ (9.55/4) + 5 ] 1.25
1 answer