Sheridan Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $58000...
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Sheridan Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $58000 Variable selling and administrative costs $42000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1900000 ROI 30% Planned production and sales 5000 pairs What is the markup percentage? 570% 204% 150% 261% Sheridan Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $58000 Variable selling and administrative costs $42000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1900000 ROI 30% Planned production and sales 5000 pairs What is the markup percentage? 570% 204% 150% 261%
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Answer rating: 100% (QA)
Answer Markup percentage using total cost per unit 150 Explanation Markup percentage Desired ... View the full answer
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
Posted Date:
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