Determine the mark-up percentage on absorption cost. Following data is given for Beasty Proprietary Limited An...

   

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Determine the mark-up percentage on absorption cost. Following data is given for Beasty Proprietary Limited An investment worth R133,320 covers purchase of equipment and funds needed to carry inventories and accounts receivables. The company requires a 27% ROI and number of units sold is 13,226. Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling, general and administrative expenses Fixed selling, general and administrative expenses Per unit R11 7 8 - 3 Total 96,511 79,798 Determine the mark-up percentage on absorption cost. Following data is given for Beasty Proprietary Limited An investment worth R133,320 covers purchase of equipment and funds needed to carry inventories and accounts receivables. The company requires a 27% ROI and number of units sold is 13,226. Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling, general and administrative expenses Fixed selling, general and administrative expenses Per unit R11 7 8 - 3 Total 96,511 79,798

Answer rating: 100% (QA)

To determine the markup percentage on absorption cost you should follow the steps below 1 Calculate the total absorption cost per unit by adding toget... View the full answer