Markup Practice Problems: Problem #1 Problem #2 Total Fixed Costs= $ 59,000 1,258,000 Total Variable Costs $26,373,000 $61,500,000 Units produced/year 177,000 750 Calculate selling price when desired markup is: 10% 18% 22% 37% Breakeven Practice Problems: What is breakeven point for each of the problems above at each of the four selling prices? Selling Price at: 10% markup 18% markup 22% markup 37% markup