Question 1110012
let s = the selling price.


the selling price presumably includes the cost plus the mark up plus the anticipated profit.


you have s = c + m + p


since m = 3450 and m = .4 * s, then you get:


.4 * s = 3450.


solve for s to get = 3450 / .4 = 8625.


your equation of s = c + m + p becomes:


8625 = c + 3450 + p


you don't know what p is supposed to be.
you don't know what c is supposed to be.


you need p to solve for c.


you need c to solve for p.


the best you can do is solve for c in terms of p, or solve for p in terms of c.


solving for c in terms of p gets you:


c = 8625 - 3450 - p which becomes c = 5175 - p


solving for p in terms of c gets you:


p = 8625 - 3450 - c which becomes p = 5175 - c.


you say that overhead expenses are 27% of the cost.


does this assume that overhead expenses are included in the cost.


regardless, if you don't know the cost, you can't solve for the overhead expenses.


i don't think you can solve this problem with the information given.


you might want to check to see if you're missing some information required to solve it.