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ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures: Variablemanufacturingcost $45 Appliedfixedoverhead $15 Variablesellingandadministrativecost $ 10 Allocatedfixedsellingandadministrativecost $18 Required: Ifthecompanyusescost-pluspricingbasedonmanufacturingcosts,determinethemark-uppercentageusedbythecompanytoobtainapriceof$150.
ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures:
- Variablemanufacturingcost $45
- Appliedfixedoverhead $15
- Variablesellingandadministrativecost $ 10
- Allocatedfixedsellingandadministrativecost $18
Required:
Ifthecompanyusescost-pluspricingbasedonmanufacturingcosts,determinethemark-uppercentageusedbythecompanytoobtainapriceof$150.
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