Musik Corporation Uses a 140% Markup on Total Cost and Recently

Multiple Choice

Musik Corporation uses a 140% markup on total cost and recently computed a selling price of $1,560 for a particular product. On the basis of this information, the product's total cost is:

A) $650.00.
B) $910.00.
C) $1,114.29.
D) $2,184.00.
E) None of the answers is correct.