Question regarding the markup calculation

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Markup Calculation

Controller Dana Scully has asked you to review the pricing practices of Fox Mulder, Inc., an importer and regional distributor of low-priced cosmetics products (e.g., The Black Oil). Use the following data to calculate the relevant markup on cost and markup on price for the following five items:

Product

Price

MarginalCost

Markup on Cost (%)

Markup on Price (%)

A

$2

$0.20

 

 

B

3

0.60

 

 

C

4

1.20

 

 

D

5

2.00

 

 

E

6

3.00

 

 

Reference no: EM13967450

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