Get expert insights and community-driven knowledge on IDNLearn.com. Our Q&A platform offers reliable and thorough answers to help you make informed decisions quickly and easily.

if the unit selling price is $2.50 and the unit cost is $1 what is the action needed to maintain the gross margin percentage when the unit cost increases 25 percent

Sagot :

The profit is originally 250% to maintain this you need to multiply the new unit cost by 2.5.
New unit cost $1.25. * 2.5 = $3.12.5
We are happy to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. Accurate answers are just a click away at IDNLearn.com. Thanks for stopping by, and come back for more reliable solutions.