A manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and

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A manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If unit is sold for $8, what markup percentage is the company using?
A) 60%
B) 160%
C) 75%
D) 133%

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Introduction to Managerial Accounting

ISBN: 978-0078025792

7th edition

Authors: Peter Brewer, Ray Garrison, Eric Noreen

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Question Posted: Sep 19, 2013 05:26 AM

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A manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and

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A 60 Variable cost 80000 Fixed ...View the full answer

Introduction to Managerial Accounting

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