What would the unit price be if a funeral home had an average overhead of $650 and the wholesale cost of a casket was $100, marked up 100%?

To calculate the unit price in a situation where a casket's wholesale cost is marked up by a certain percentage, you first need to understand how to correctly apply that markup and then incorporate any overhead costs.

In this scenario, the wholesale cost of the casket is $100. If it is marked up by 100%, this means the casket's selling price would double:

$100 + (100% of $100) = $100 + $100 = $200.

Next, to determine the total unit price that the funeral home would charge the consumer, it’s essential to add the overhead costs to the marked-up casket price. In this case, the overhead of the funeral home is $650.

Now, you can summarize the prices:

• Marked-up casket price: $200

• Funeral home overhead: $650

To find the final unit price, combine these two amounts:

$650 (overhead) + $200 (casket price) = $850.

Thus, the unit price that would be charged by the funeral home is indeed $850. This illustrates an important calculation method in mortuary administration, where both the cost of goods sold and operational expenses must be factored into pricing for services and