A camera will be priced at £300. What will its target cost of sales need to be if the retailer takes a 40% sales margin and the manufacturer, a 30% sales margin?
A) £90.00
B) £36.00
C) £126.00
D) £164.83
Correct Answer:
Verified
Q1: A manager is setting the price of
Q3: What is the best definition of a
Q4: What is price elasticity?
A) When a range
Q5: A drinks factory has spare capacity and
Q6: What is the best definition of a
Q7: When applying life-cycle costing in setting prices,
Q8: What is the most appropriate definition of
Q9: A company has two divisions: one making
Q10: A company has two divisions: one making
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents