Footsie Manufacturing Company has the following budgeted costs for 10,000 units: Manufacturing Selling & Administrative Total...

 

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Footsie Manufacturing Company has the following budgeted costs for 10,000 units: Manufacturing Selling & Administrative Total Variable Costs $100,000 50,000 $150,000 Fixed Costs $50,000 12,500 $62,500 What is the markup on fixed costs needed to obtain a target profit of $75,000? Footsie Manufacturing Company has the following budgeted costs for 10,000 units: Manufacturing Selling & Administrative Total Variable Costs $100,000 50,000 $150,000 Fixed Costs $50,000 12,500 $62,500 What is the markup on fixed costs needed to obtain a target profit of $75,000?

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Markup on Fixed Cost can be computed by using the form... View the full answer