Multiple Choice
A product costs $100 to manufacture and $40 to market and $20 to distribute (ship to customers.) R&D costs are allocated at $30 per unit. Based on a targeted rate of return, manager uses a mark-up of 60%. What is the markup component based on a Cost-Plus pricing approach?
A) $60
B) $84
C) $96
D) $114
Correct Answer:
Verified
Correct Answer:
Verified
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