Question
Multiple Choice Question 47 Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs$33000Variable selling and administrative costs$27000Fixed manufacturing costs$160000Fixed
Multiple Choice Question 47
Concord Corporation has gathered the following information concerning one model of shoe:
Variable manufacturing costs$33000Variable selling and administrative costs$27000Fixed manufacturing costs$160000Fixed selling and administrative costs$120000Investment$1700000ROI30%Planned production and sales5000 pairs
What is the markup percentage?
150%
850%
264%
182%
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Law, Business And Society
Authors: Tony McAdams, Kiren Dosanjh Zucker, Kristofer Neslund, Kari Smoker
12th Edition
1259721884, 978-1259721885
