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A markup of 33% based on cost is desired for a load of 800 bushels of peanuts. They were purchased at $5.85 per bushel. What should the selling price per bushel be after adjusting for an anticipated 21% spoilage rate? (Round answer to the nearest cent)
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A markup of 33% based on cost is desired for a load of 800 bushels of peanuts. They were purchased at $5.85 per bushel. $9.85 should be the selling price per bushel be after adjusting for an anticipated 21% spoilage rate.
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Asked 10/3/2018 7:10:59 PM
Updated 220 days ago|6/14/2020 7:53:25 PM
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A markup of 33% based on cost is desired for a load of 800 bushels of peanuts. They were purchased at $5.85 per bushel. $9.85 should be the selling price per bushel be after adjusting for an anticipated 21% spoilage rate.
Added 220 days ago|6/14/2020 7:53:25 PM
This answer has been confirmed as correct and helpful.
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