Please use the following information to answer the next thre…
Please use the following information to answer the next three questions, Q14-Q16 Wrigley’s Spearmint Gum retail price point is $1.00. They sell the gum to grocery stores via a distributor which takes a 20% margin. Wrigley’s total variable costs on the bars are $.20 and its cost of goods sold is $.15. The retailer’s margin is 30%.