Question: Cost-Based Pricing and Markups with Variable Costs Computer Consultants Services provides computerized inventory consulting. The office and computer expenses are $800,000 annually and are not

 Cost-Based Pricing and Markups with Variable Costs Computer Consultants Services provides

Cost-Based Pricing and Markups with Variable Costs Computer Consultants Services provides computerized inventory consulting. The office and computer expenses are $800,000 annually and are not assigned to specific jobs. The consulting hours available for the year total 20,000, and the average consulting hour has $25 of variable costs (a) If the company desires a profit of $150,000, what should it charge per hour? Round to the nearest cent. $ 0 (b) What is the markup on variable costs if the desired profit is $200,0002 Round to the nearest whole percent. x% (c) If the desired profit is s and (2) desired profit? Round to the nearest whole percent. Markup to cover unassigned costs 0 % Markup to cover desired profits 0 %

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!