On average, the cost of materials for a product reaches as much as 90% of the total shipped value of the product.

Name: On average, the cost of materials for a product reaches as much as 90% of the total shipped value of the product.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The cost of materials for a product typically does not reach as much as 90% of the total shipped value; it varies by industry and product, but it is generally a lower percentage to allow for labor, overhead, and profit margins.

On Average, the Cost of Materials for a Product Reaches