Question

CAN I SEE THE STEPS. PLEASE AND THANK YOU.​

6. ACE Company produces their product at a total cost of $200 per unit. Of this amount S120 per unit is selling and administrative costs. The total variable cost is S140 per unit The desired profit is S80 per unit. a. Calculate the total cost markup percentage b. Calculate the product cost markup percentage c. Calculate the variable cost markup percentage

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution:

a. The total Cost Mark up percentage = ($80 / $200)

= 40%

b. Product Cost Mark up percentage = ($80 / ($200 -$120))

= $80 / $80

= 100%

c. Variable cost Mark up percentage = ($80 / $140)

= 57.14%

a. The total Cost Mark up percentage 40%
b. Product Cost Mark up percentage 100%
c. Variable cost Mark up percentage 57.14%
Add a comment
Know the answer?
Add Answer to:
CAN I SEE THE STEPS. PLEASE AND THANK YOU.​ 6. ACE Company produces their product at...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT