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Communications Unlimited provides support services to its clients. This company expects to earn an annual return on the assets invested at a rate of: The
Communications Unlimited provides support services to its clients. This company expects to earn an annual return on the assets invested at a rate of: The company has the following amount invested in the business: 16% $6,000,000 The annual budgeted costs for next year are: Variable costs $400,000 Fixed costs 1,900,000 Support Services The annual budgeted hours for next year are: Consulting services 50,000 hours 1. Target profit for the company. 2. markup on variable costs in percentage terms. 3. variable cost per hour. 4. revenue per hour that will be charged if variable costs is the basis for markup. $960,000 240.00% $8.00 $9.28 5. markup on total costs in percentage terms. 6. total cost per hour. 7. revenue per hour that will be charged if total costs is the basis for markup. 42.00% $46.00 $65.20 8. Explain why 2-4 in comparison to 5-7 are the same or different
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