Breck Hardware Purchased from Black & Decker 10 Dustbusters for $24.95

question 108

Short Answer

Breck Hardware purchased from Black & Decker 10 Dustbusters for $24.95 each. What should Breck charge its customers for each Dustbuster if it has a 39.5% markup on cost? (Round to the nearest cent.)

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Definitions:

Industrial Revolution

A period of major industrialization from the late 18th to early 19th century that transformed primarily agrarian, rural societies in Europe and America into industrialized, urban ones.

Agrarian Production

An economic system centered on agricultural production, such as farming and livestock breeding.

Manufacturing

The process of producing goods and products in large quantities using machinery, labor, and various industrial processes.

The Sociological Evolution

refers to the process of change and development in human societies over time, examining how social structures, institutions, and patterns of behavior emerge, stabilize, and transform.