Multiple Choice
Bluegreen's most popular product has a variable cost of $43.56.On Bluegreen's income statement, the cost of goods sold per unit is $40.29.If Bluegreen's markup percentage on variable cost is 25% and its gross margin is 26%, what is the selling price of this product?
A) $54.45
B) $58.08
C) $58.86
D) $53.72
Correct Answer:
Verified
Correct Answer:
Verified
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