Multiple Choice
Evergreen's most popular product sells for $33.00 and has a variable cost of $26.40.On Evergreen's income statement the cost of goods sold per unit is $24.42.What is Evergreen's markup percentage based on cost of goods and based on variable cost per unit?
A) 35%; 35%
B) 35%; 25%
C) 26%; 20%
D) 20%; 26%
Correct Answer:
Verified
Correct Answer:
Verified
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