An item cost a manufacturer $4 to produce.It has a wholesale trade discount of 66% and a retail trade discount of 50%.The list price of the item is $15.Assuming the retailer sold the item for $12,the dollar gross margins received by the manufacturer,wholesaler,and retailer are respectively:
A) $5.90, $2.40, $4.50.
B) $4.50, $1.10, $2.40.
C) $1.10, $2.40, $4.50.
D) $1.40, $2.50, $7.50.
E) $2.64, $2.40, $6.96.

Question

Quizplus · Accepted Answer

The Answer of An item cost a manufacturer $4 to produce.It has a wholesale trade discount of 66% and a retail trade discount of 50%.The list price of the item is $15.Assuming the retailer sold the item for $12,the dollar gross margins received by the manufacturer,wholesaler,and retailer are respectively:
A) $5.90, $2.40, $4.50.
B) $4.50, $1.10, $2.40.
C) $1.10, $2.40, $4.50.
D) $1.40, $2.50, $7.50.
E) $2.64, $2.40, $6.96.

An Item Cost a Manufacturer $4 to Produce