Unformatted text preview: produces a total of 1 million mowers each year. Fixed costs for this company are $5 million. 1. What is the unit cost for each mower this company produces? 2. If the manufacturer desires a markup of 60 percent on sales, at what price should this product be sold to a reseller such as a wholesaler or distributor?...
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- Spring '11
- Marketing, Marketing JOMC, new products, lawn mowers