=+EX 25-16 Product cost concept of product pricing obj. 2 b. 25.69% Based on the data

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=+EX 25-16 Product cost concept of product pricing obj. 2

b. 25.69%

Based on the data presented in Exercise 25-15, assume that MyPhone Inc. uses the variable cost concept of applying the cost-plus approach to product pricing.

a. Determine the variable costs and the cost amount per unit for the production and sale of 5,000 units of cellular phones.

b. Determine the variable cost markup percentage (rounded to two decimal places) for cellular phones.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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