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Question 36 2 pts As a new manager of operations, you learn that the company...

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Accounting

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Question 36 2 pts As a new manager of operations, you learn that the company prices its products by using the mark-up on cost approach. You believe that the company is leaving money on the table using this approach instead of the mark-up on selling price. To prove your point, you demonstrate that a 30% mark-up on selling price (or 30% target margin on selling price) for an item that costs $20 would sell for more than the same item with a percent mark-up on cost of 30%. $2.57 $6.00 $8.57 $10.00

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