Multiple Choice
If the target profit is $60,000 for a volume of 480 units,fixed costs are $168,000,and the variable cost per unit is $450,then the markup percentage on variable cost would be:
A) 104.56%.
B) 105.56%.
C) 106.00%.
D) 106.45%.
E) some other amount.
Correct Answer:
Verified
Correct Answer:
Verified
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