Answer:
1. Compute for expenses
toyal cost of material - 559.00
Labor cost - + 50.00
__________
Subtotal 6 0 9 .00
Compute for the mark-up price
Subtotal 609.00
Mark-up (20%) x 0.20
Mark-up price 121.0
Add the total expense to the mark-up price
Subtotal - 609.00
Mark-up - + 121.0
________
Setting price - 730
Explanation:
hope it helps :)
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Answers & Comments
Answer:
1. Compute for expenses
toyal cost of material - 559.00
Labor cost - + 50.00
__________
Subtotal 6 0 9 .00
Compute for the mark-up price
Subtotal 609.00
Mark-up (20%) x 0.20
__________
Mark-up price 121.0
Add the total expense to the mark-up price
Subtotal - 609.00
Mark-up - + 121.0
________
Setting price - 730
Explanation:
hope it helps :)