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kimberbrown0879 kimberbrown0879
  • 24-04-2016
  • Mathematics
Answered

If the unit selling price is 2.50 and the unit cost is 1.00, what action is needed to maintain the gross margin percentage when unit cost increases 0.25?

Verified Answer :

abineya4
abineya4 abineya4
  • 24-04-2016

You need to increase the selling price more than $0.25.
They need to increase the price to $
3.125 ($1.25 x $2.50)

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