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Bill Lounsberry's Hobby Was Repairing Old Foreign Sports Cars in a Garage

Question 32

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Bill Lounsberry's hobby was repairing old foreign sports cars in a garage at home. To store parts, Lounsberry bought some steel industrial warehouse shelving. Each unit was 6 feet long, 7 feet tall, and 2 feet deep with 500 pound capacity for each shelf. The distributor sold each unit for $425. Calculate the cost per unit to the distributor if the dollar markup on each unit was $92.30.

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$425.00 - ...

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