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10 June, 21:07

If the unit selling price is 2.50 and the unit cost is 1.00, what action is needed to maintain the gross margin percentage when unit cost increases 0.25?

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  1. 11 June, 00:57
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    You need to increase the selling price more than $0.25.

    They need to increase the price to $3.125 ($1.25 x $2.50)
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