Question
Joanne expects to produce and sell 10,000 units Total costs for Joanne are as follows: Direct materials.. $325,000 Variable overhead $285,000 Variable selling and administrative.
Joanne expects to produce and sell 10,000 units
Total costs for Joanne are as follows:
Direct materials.. $325,000
Variable overhead $285,000
Variable selling and administrative. $80,000
Fixed overhead. $120,000
Fixed selling and administrative. 140,000
If target profit is $180,000; calculate the markup based on variable costs.
Joanne expects to produce and sell 10,000 units
Total costs for Joanne are as follows:
Direct materials.. $325,000
Direct labor.. $285,000
Variable overhead $80,000
Variable selling and administrative. $70,000
Fixed overhead. $120,000
Fixed selling and administrative. 140,000
If target profit is $180,000; calculate the markup based on variable costs.
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