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kickykhalil kickykhalil
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A year ago
Silver Moon Boutique sells a line of sterling silver jewelry. On average, Silver Moon earns a 60% gross profit on its jewelry. The owner, Pat Harring, wants to add some pewter jewelry to the boutique's offerings. Pat has found a supplier who sells pewter necklaces for $35 each. However, she believes that her customers won't pay more than $50 for pewter jewelry.

Required:

a.What price would Silver Moon normally charge for a pewter necklace?
b.What is the target cost Silver Moon would need to meet to sell the pewter necklaces
for $50?
c.What could Silver Moon do to meet the target cost in part b?
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Managerial Accounting

Managerial Accounting


Edition: 4th
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eeemmmeeemmm
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A year ago
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kickykhalil Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
halyna
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Yesterday
Brilliant ツ
lierac00
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2 hours ago
Good timing, thanks!
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