Question: Practice Problems for Calculating Markup and Breakeven Points Markup Practice Problems: Problem #1 Problem #2 Total Fixed Costs = $ 59,000 $ 1,258,000 Total Variable

Practice Problems for Calculating Markup and Breakeven Points 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

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