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QUESTION
The XYZ Fencing company sells a custom made wooden gate through wholesalers and retailers. The retail selling
The XYZ Fencing company sells a custom made wooden gate through wholesalers and retailers. The retail selling
price is $850.00 and the manufacturing cost to the company is $325.00. The retail markup was 35 percent and wholesale markup was 20 percent. (10 pts)
A. What was the cost to the wholesaler?
B. What was the cost to the retailer?
C. What percentage markup on selling price did the producer make?
