A manufacturing company produces and sells 20,000 units of a single product. Total production costs are $14/unit.

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A manufacturing company produces and sells 20,000 units of a single product. Total production costs are $14/unit. If the total sales are $560,000 what mark up percentage is the company using?

A) 100%

B) 10%

C) 200%

D) 40%

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Introduction to Corporate Finance What Companies Do

ISBN: 978-1111222284

3rd edition

Authors: John Graham, Scott Smart

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Question Posted: Jan 08, 2013 05:55 AM

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A manufacturing company produces and sells 20,000 units of a single product. Total production costs are $14/unit.

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Introduction to Corporate Finance What Companies Do

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