Branford Company is bidding on a custom yacht.The company typically charges 30 percent above cost and estimates the yacht will cost $900,000 to build.What is the price bid that Branford should submit?
A) $900,000
B) $1,170,000
C) $1,530,000
D) $927,000
E) None of the answer choices is correct.
Correct Answer:
Verified
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