Homework Answers
Answer
--Correct Answer = Option #1: 30%
| Variable cost | $510,000 | ||
| Fixed cost | $450,000 | ||
| A | Total Cost | $960,000 | |
| B | Investment | $2,400,000 | |
| C | ROI | 12% | |
| D = B x C | Return OR Markup amount | $288,000 | |
| E = (D/A) x 100 | Markup Percentage on cost | 30% | Answer |
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