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1. Within a given distribution channel, the following information is available concerning trade margins and costs....

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Accounting

1. Within a given distribution channel, the followinginformation is available concerning trade margins and costs. Awholesaler has a unit selling price of $230 and a unit cost of$140. The retailer requires a 42% markup on selling price. Themanufacturer has unit variable costs of $34. Calculate thewholesaler percent markup on cost. Report your answer as apercentage and round to the nearest percent.

2. Within a given distribution channel, the followinginformation is available concerning trade margins and costs. Awholesaler has a unit selling price of $241 and a unit cost of$115. The retailer requires a 27% markup on selling price. Themanufacturer has unit variable costs of $59. Calculate themanufacturer's dollar margin per unit. Round your answer to thenearest dollar.

3. Within a given distribution channel, the followinginformation is available concerning trade margins and costs. Awholesaler has a unit selling price of $820 and a unit cost of$477. The retailer requires a 52% markup on selling price. Themanufacturer has unit variable costs of $278. Calculate themanufacturer's percent markup on cost. Report your answer as apercentage and round to the nearest percent.

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Answer & Explanation Solved by verified expert
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1 A wholesaler has a unit selling price of 230 and a unit cost of 140 Wholesales mark up Wholesaler selling price Wholesaler cost price 230 140 90 wholesaler percent markup on cost    See Answer
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