1 What do customers do to check the cost of their goods? . [1] 2 Where

1.	1 What do customers do to check the cost of their goods? . [1] 2 Where did Helen get the idea of selling plastic-free products? I . [1] 3 How did Helen find out if people in her town were interested in a plastic-free shop? .. [1] 4 Why does Helen prefer to order stock from nearby suppliers? - [1] 5 How did Helen get enough money to open the shop? [1] 6 Who helped Helen to make the furniture for her shop? [1] 7 What did Helen do to promote her new shop on its first day? Give two details. 2]
Answer» Explanation: Once you're READY to CALCULATE a PRICE, take your total variable costs, and DIVIDE them by 1 minus your desired profit margin, EXPRESSED as a decimal. For a 20% profit margin, that's 0.2, so you'd divide your variable costs by 0.8.

1 What do customers do to check the cost of their goods? . [1] 2 Where did Helen get the idea of selling plastic-free products? I . [1] 3 How did Helen find out if people in her town were interested in a plastic-free shop? .. [1] 4 Why does Helen prefer to order stock from nearby suppliers? - [1] 5 How did Helen get enough money to open the shop? [1] 6 Who helped Helen to make the furniture for her shop? [1] 7 What did Helen do to promote her new shop on its first day? Give two details. 2]

Answer»

Explanation:

Once you're READY to CALCULATE a PRICE, take your total variable costs, and DIVIDE them by 1 minus your desired profit margin, EXPRESSED as a decimal. For a 20% profit margin, that's 0.2, so you'd divide your variable costs by 0.8.

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