Pricing Exercise 1: Brilliant is a retailer that buys promotional products at wholesale prices, adds custom branding, and then marks them up to our clients for profit. We pay our suppliers the cost of goods per unit and the cost of decoration. Our target profit margin is 40%. Given the following details, calculate the below: Details: Quantity ordered: 36 Blank t-shirt cost: $3.75 per unit Setup cost (per order): $25 x 1 Run charge/Decoration cost: $2.25 per shirt Task: Calculate the total net cost of the order (net is the price Brilliant pays). Mark up the total cost by 40% to calculate the total cost to the client.
