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Top Kitchens handles 17% of all the kitchen production in the area for new construction. It is estimated that the cost of kitchens is 14% of the total cost of constructing a new house. New home construction in the area for the next year is estimated to total $32 million. What sales volume can Top Kitchens expect next year? 17% is the market share, but what is 14%? I tried to get 14% of 32 million and then multiply with the market share but didn't work.
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32million * (0.17*0.14) 761600
I already tried this, its not correct.
There is a catch about 14% that I am not getting.
14% is the cost for EACH home... um...
cost of kitchen
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It says cost of kitchen is 14% of the total cost of each home
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