Paul s grocery received 1000 pounds of onions at 012 per


Paul s Grocery received 1000 pounds of onions at $0.12 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a markup rate of 180% based on cost. The selling price per pound is $____.

Solution Preview :

Prepared by a verified Expert
Cost Accounting: Paul s grocery received 1000 pounds of onions at 012 per
Reference No:- TGS01124888

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)