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2 years ago

13

Danielle had planned her gift basket to be priced at $50 with a 40% gross margin. She forgot packaging costs which will be $3 pe

r unit. If she still keeps the price at $50, how much will her gross margin percentage be after packaging costs?
a) 30%
b) 34%
c) 43%
d) 47%

2 answers:

Scorpion4ik [409]2 years ago

7 0

B 34% would be the gross margin

Oksana_A [137]2 years ago

7 0

The correct answer is b 34%

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Cost = Variable cost + Fixed Cost

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