Answer :
Based on the selling price of the office furniture and the percentage markup on cost, the actual cost is $4,285.71
What is the actual cost?
The actual cost can be found by the formula:
= Selling price / (1 + markup percentage)
Solving will then give:
= 6,000 / (1 + 40%)
= 6,000 / 1.4
= $4,285.71
In conclusion, the actual cost is $4,285.71 .
Find out more on markup percentages at https://brainly.com/question/852329
#SPJ1