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Unit Price of a Product with Markup

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The fully allocated cost of a product is $45. If the firm wants to use a markup of 30%, then it should charge what unit price?

© BrainMass Inc. brainmass.com September 23, 2018, 10:15 pm ad1c9bdddf - https://brainmass.com/economics/microeconomics/unit-price-of-a-product-with-markup-317423

Solution Summary

This solution provides the formula and calculations for unit price.

$2.19