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Johnson Marine Has the Following Costs and Expected Sales for the Coming

Question 40

Multiple Choice

Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product. Johnson Marine has the following costs and expected sales for the coming year.Johnson is considering a number of different methods to determine the price of its product. If Johnson determines price using a desired gross margin percentage of 50%,the price is: A) $262.50 B) $306.00 C) $375.00 D) $364.29 E) $330.00
If Johnson determines price using a desired gross margin percentage of 50%,the price is:


A) $262.50
B) $306.00
C) $375.00
D) $364.29
E) $330.00

Correct Answer:

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