What price will grinnell lake gift shop charge for the, Cost Accounting

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What price will grinnell lake gift shop charge for the

CALCULATING PRICE USING A MARKUP PERCENTAGE OF COST

Grinnell Lake Gift Shop has decided to price the candles that it sells at cost plus 80 per- cent. One type of carved bear-shaped candle costs $12, and huckleberry-scented votive candles cost $1.10 each.

Required:

1. What price will Grinnell Lake Gift Shop charge for the carved bear candle?

2. What price will Grinnell Lake Gift Shop charge for each scented votive candle?

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Cost Accounting: What price will grinnell lake gift shop charge for the

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Cost Accounting: What price will grinnell lake gift shop charge for the

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