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A retailer can purchase a national brand of canned corn for $.39. The canned corn sells for $.52. Total direct retailing costs for the corn (warehouse costs and direct labor) equal $.03 per can. In addition, $.05 per can is charged for administrative overhead. What is the direct product profitability per can?
A) $.05
B) $.10
C) $.13
D) The answer cannot be determined from the information provided.
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Retail Management: A Strategic Approach

Retail Management: A Strategic Approach


Edition: 13th
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