Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i need the solution for (B) how to calculate the markup percentage using variable cost pricing Ahmed Corporation makes a mechanical stuffed alligator. The following

i need the solution for (B) how to calculate the markup percentage using variable cost pricing image text in transcribed
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation expected annual volume of 500,000 Per Unit Total Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $360,000 150,000 The company has a desired ROI of 25%. It has invested assets of $24,000,000 (a) ZYour answer has been saved and sent for grading See Gradebook for score details Using absorption cost pricing, calculate the markup percentage. (Round answer to 2 decimal places . 15.254.) Markup percentage 29.25 LINK TO TEXT LINK TO TEXT Attempts of I used (b) Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places. 15.259.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

2 (10 marks) Prove the binary resolution rule by using truth table

Answered: 1 week ago