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Coronado Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $25000 Variable selling and administrative costs $15000 Fixed manufacturing costs
Coronado Industries has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $25000 |
| Variable selling and administrative costs | $15000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1600000 |
| ROI | 30% |
| Planned production and sales | 5000 pairs |
What is the markup percentage?
1200%
171%
150%
259%
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Internal Auditing: Principles And Techniques
Authors: Richard L. Ratliff, W. Wallace, Walter B. Mcfarland, J. Loeboecke
1st Edition
0894131672, 978-0894131677
