A company have the following data: What is the selling price calculated by marginal costing approach? a. \$700/unit b. $460/ unit C. $860/ unit d. $805/ unit Company M uses absorption costing approach to determine its selling price on a cost basis. The selling price is determined to costs per unit with the production and sale of 25,000 units during the year are as follows: The markup percentage is: a. 100% b. 60% c. 40% d. 37.5% A company estimates that net profit of $255,000 would be earned when it produces and sells 10,000 units of product S each mo of activity, the company consumes 9,000 machine hours and 5,000 direct manufacturing labour hours at the rate of $32 per lab following information is available on product S : - Direct material per unit: $32 - Variable manufacturing overhead costs per unit: \$7 - Fixed manufacturing overhead costs: $200,000 - Selling and administrative expenses costs: $420,000 If the company uses the absorption costing approach to cost-plus pricing, the required markup for product S would be closet to: a. 85% b. 90% c. 74.17% d. All are incorrect A company have the following data: Rounding to one decimal, what is the a. 65.7% b. 115.0% c. 153.3% d. 22.9% Company B manufactures a product with the following cost information: The company uses a absorption costing approach to pricing. The number of units sold is 79,000 units. Expected ROI is 15% of th capital of $420,000 to produce and sell this product. The unit selling price will be