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If the Target Profit Is $60,000 for a Volume of 480

Question 36

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) 27.8%
B) 104.56%.
C) 105.56%.
D) 107.00%.
E) 106.85%.

Correct Answer:

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