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At a Certain Level of Operations,per Unit Costs and Selling

Question 22

Multiple Choice

At a certain level of operations,per unit costs and selling price are as follows: manufacturing costs,$50;selling and administrative expenses,$10;selling price,$80.Given this information,the mark-on percentage to manufacturing cost used to determine selling price must have been:


A) 20 percent.
B) 60 percent.
C) 33 percent.
D) 25 percent.

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