What is the beverage producers margin percent, Accounting Basics

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What is the beverage producers margin percent

Problem

A distributor sells beverage crates for $71 to a retailer who then prices the beverages based on a 26% markup. The distributor buys the crates from a beverage producer at a price that provides the distributor a 26% margin. If the variable manufacturing cost for the beverage producer is $13 per crate, what is the beverage producer's margin %?

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Accounting Basics: What is the beverage producers margin percent

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