arigold Corp. has collected the following data concerning one of
its products:
Unit sales price | $137 |
Total sales | 14500 units |
Unit cost | $110 |
Total investment | $1720000 |
The markup percentage is
24.55%.
18.13%.
22.76%.
20%.
*Option(A). 24.55% is the correct anwser.
*Markup is a product pricing strategy.
*In this method, a fixed percentage of the total cost of the product is added to the total cost of the product.
*The value who is called the selling price.
*Profit = Selling price - Unit Cost price;
*Profit = $137 - $110;
*Profit = $27
*Mark-up percentage = $27 * (100/ 110);
*Mark-up percentage = 24.55%
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arigold Corp. has collected the following data concerning one of its products: Unit sales price $137...
Westerville Corp. has collected the following data concerning its maintenance costs for the past six months: Units Produced Total Cost July 17,300 $31,620 August 32,900 48,000 September 36,100 55,100 October 22,400 39,000 November 40,300 65,200 December 38,200 62,300 (a1) Calculate the variable cost per unit using the high-low method. (Round variable cost per unit to 2 decimal places, e.g. 12.25.) Variable cost $ per unit
Blossom Corp. has collected the following data concerning its
maintenance costs for the past 6 months.
Units Produced
Total Cost
July
18,020
$41,545
August
32,032
48,048
September
36,036
55,055
October
22,022
42,358
November
40,040
74,575
December
38,038
62,062
Compute the variable cost per unit using the high-low method.
(Round answer to 2 decimal places, e.g.
2.25.)
Variable cost per unit
$
Compute the fixed cost elements using the high-low
method.
Fixed costs
$
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