Question
Each month, Haddon Company has $275,000 total manufacturing costs (20 percent fixed) and $125,000 distribution and manufacturing costs (36 percent fixed). Haddon's monthly sales are
Each month, Haddon Company has $275,000 total manufacturing costs (20 percent fixed) and $125,000 distribution and manufacturing costs (36 percent fixed). Haddon's monthly sales are $500,000. The markup percentage on variable costs to arrive at the existing (target) selling price is
a. 20 percent
b. 40 percent
c. 80 percent
d. 66 2/3 percent
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Maintenance Audits Handbook A Performance Measurement Framework
Authors: Diego Galar Pascual, Uday Kumar
1st Edition
1466583916, 978-1466583917
