Practice Problems for Calculating Markup and Breakeven Points

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:

The red is the answer, how could I get that answer?

Practice Problems for Calculating Markup and Breakeven Points Markup Practice Problems: Problem #1 $59,0oo $26,373 000 Problem #2 Total Fwed Costs Total Varlable Costs Units produced year $61,500,000 177,000 750 Calculate selling price when desired markup is: 10% 165.93 92.97482 18% 182.11 102,045.52 22% 191.45 $107,278.62 37% 237.03 132,821.25 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 3,485 1,782 1,390 671 115