cashterika29 cashterika29
  • 21-08-2017
  • Mathematics
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If the unit selling price is $2.50 and the unit cost is $1.00, what action is need to maintain the gross margin percentage when unit cost increases $0.25

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musiclover10045
musiclover10045 musiclover10045
  • 21-08-2017
$2.50 / $1.00 = 2.5.
If the cost increases to $1.25 then the selling price needs to increase to $1.25 x 2.5 = $3.13
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