Question
Harris Company produces a product whose cost is $20. Assuming the company uses a cost-plus pricing system, what selling price would the company set to
Harris Company produces a product whose cost is $20. Assuming the company uses a cost-plus pricing system, what selling price would the company set to earn a profit margin of 20% of cost?
Multiple Choice
- $4
- $19.20
- $24
- $20
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Essentials Of Forensic Accounting
Authors: Michael A Crain, William S Hopwood,
1st Edition
1941651100, 978-1941651100
