Solved

A Product Costing $350, Less 30%, 20%, and 10%, Sells

Question 16

Multiple Choice

A product costing $350, less 30%, 20%, and 10%, sells to allow for overhead expenses of 30% of the selling price and profit of 20% of the selling price. During a sale, the product is marked down by 40%. What is the final selling price?


A) $352.80
B) $211.68
C) $117.98
D) $86.43
E) $52.10

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions