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Using cost-plus pricing, establish a price for a car wash fund-raiser. The local community center will allow you to use its parking lot and water supply for $10.00 per hour from 9:00 A.M. to 5:00 p.M. on a Saturday. To arrive at prices you can advertise, you must purchase all the cleaning supplies and determine how much you will use per auto. Since this is a learning experience, your labor costs will be$2 per hour per worker.
Write a short report that outlines your pricing strategy and calculations and be ready to share it with your classmates.
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