Question: b) Electroz Ltd has the following data concerning a model electric car it manufactures: . Variable manufacturing cost $ 45 Applied fixed overhead $ 15

b) Electroz Ltd has the following data concerning a model electric car it manufactures: . Variable manufacturing cost $ 45 Applied fixed overhead $ 15 . Variable selling and administrative cost $ 10 Allocated fixed selling and administrative cost $ 18 Required: If the company uses cost-plus pricing based on manufacturing costs, determine the mark- up percentage used by the company to obtain a price of $150

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