Multiple Choice
M Studios buys cameras at a unit cost of $150. Their operating expense is 20% per unit of cost, and their desired unit operating profit is 30% of cost. What is M Studios' rate of mark-up on cost?
A) 33.3%
B) 20%
C) 50%
D) 30%
E) 25%
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q218: What is the break-even selling price?<br>A) $34.50<br>B)
Q219: The list price is $593 and the
Q220: An invoice dated March 15 for $400
Q221: A product costing $350, less 30%, 20%,
Q222: What single discount rate is equivalent to
Q224: An item costs $63. The selling price
Q225: A product with a wholesale price of
Q226: An item costing $50 was marked up
Q227: An invoice dated January 22 has payment
Q228: An invoice for $10,000 dated September 10