Question regarding the markup calculation

Reference no: EM13967450

Markup Calculation

Controller Dana Scully has asked you to review the pricing practices of Fox Mulder, Inc., an importer and regional distributor of low-priced cosmetics products (e.g., The Black Oil). Use the following data to calculate the relevant markup on cost and markup on price for the following five items:

Product	Price	MarginalCost	Markup on Cost (%)	Markup on Price (%)
A	$2	$0.20
B	3	0.60
C	4	1.20
D	5	2.00
E	6	3.00

Reference no: EM13967450

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