Answered step by step
Verified Expert Solution
Question
1 Approved Answer
and Markups with Variable Costs Compu Services provides computerized inventory consulting. The office and computer expenses are $400,000 annually and are not ansigned to specilic
and Markups with Variable Costs Compu Services provides computerized inventory consulting. The office and computer expenses are $400,000 annually and are not ansigned to specilic obs. The consuting hours avaltable for the year total 20,000 , and the average consulting hour has 520 of variable costs. (a) If the company desires a profit of 5140,000 , what should it charge per hour? (b) What is the markup on variable costs if the desired profit is $160,000 ? x in (c) If the desired profit is 5160,000 what is the markup on variable costs to cover (1) unaswigned conts and (29 delired orolit? Markup to cover unassigned costs Markup to covil desued protics
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started