Xavi is a painter of landscapes and seashore portraits. He works outside and has no overhead...
Xavi is a painter of landscapes and seashore portraits. He works outside and has no overhead or fixed costs such as a studio. In a typical year, it costs him $182 in canvas, paints and brushes per painting. This year he sold 519 pictures at a price of $258 each.
What is Xavi's current dollar margin per painting?
Homework Answers
What is Xavi's current dollar margin per painting?
Current dollar margin per painitng=(258-182)=76
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