11. Company BlueOceans total sales of 1,000 units are $400,000. The company uses markup on cost of 20%. What is the markup as percentage of price?

15.4%

16.7%

17.7%

19.1%

None of the above

10.

A company that makes cricket bats has calculated its revenue and costs as follows for the most recent fiscal period: Sales $725,000 Costs: Fixed Costs $??????? Variable Costs $200,000 Total Costs $??????? Net Income $350,000 How many units should the company sell to break even if it sells its products at $300 per unit? 217.24 300 805.6 1000 None of the above