Manitoba Telecom Services (MTS) purchases an iPhone for $749.99 less discounts of 25% and 15%. MTS's expenses are known toaverage 30% of the regular unit selling price. (25 marks)a. What is the regular unit selling price if a profit of $35 per iPhone is required?b. What are the expenses?c. What is the markup on cost percentage?d. What is the break-even selling price?
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