Markup Practice Problems:

Problem #1 Problem #2

Total Fixed Costs = $ 59,000 $ 1,258,000

Total Variable Costs= $26,373,000 $61,500,000

Units produced/year 177,000 750

Calculate selling price

when desired markup is:

10%

18%

22%

37%

Breakeven Practice Problems:

What is breakeven point for each of the problems above at each of the four selling prices?

Selling Price at:

10% markup

18% markup

22% markup

37% markup

Markup Practice Problems: Problem #1 $ 59,000 $26,373,000 177,000 Problem #2 $1,258,000 Total Fixed Costs Total Variable Costs Units produced/year= $61,500,000 750 Calculate selling price when desired markup is: 10% 18% 22% 37% Breakeven Practice Problems: What is breakeven point for each of the problems above at each of the four selling prices? Selling Price at: 10% markup 18% markup 22% markup 37% markup