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Sustainable Solutions, LLC Makes Bracelets from Recycled Plastic

Question 86

Essay

Sustainable Solutions, LLC makes bracelets from recycled plastic. Each bracelet costs $6 to produce, of which $4 is variable and $2 is fixed. If Sustainable Solutions applies a 30% markup to each bracelet, what is the selling price for a single bracelet?

Correct Answer:

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$7.80, Selling Price = Unit Co...

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