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Mary's Bakeshop Makes Triple Chocolate Brownies That Cost $1

Question 110

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Mary's Bakeshop makes triple chocolate brownies that cost $1.50 each. Past experience shows that 20% of the brownies will spoil. Assuming Mary wants a 40% markup based on cost and produces 200 brownies, what should each brownie sell for?

Correct Answer:

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TC = 1.5 × 200 = $300; TS = 30...

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