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Question 2 Incorrect Mark 0.00 out of 2.00 P Flag question Computing Markups The predicted 2009 costs for Osaka Motors are as follows: Manufacturing Costs

Question 2 Incorrect Mark 0.00 out of 2.00 P Flag question Computing Markups The predicted 2009 costs for Osaka Motors are as follows: Manufacturing Costs Selling and Administrative Costs $100,000 Variable $300,000 230,000 Fixed 200,000 Variable Fixed Average total assets for 2009 are predicted to be $4,000,000. (a) If management desires a 11 percent rate of return on total assets, what are the markup percentages for total variable costs and for total manufacturing costs? (Round your answers to the nearest percent.) Markup on variable costs 2.5 X % Markup on manufacturing costs 8.25 X % Assigned Homework Ch20,23 (b) If the company desires a 9 percent rate of return on total assets, what is the markup percentage on total manufacturing costs for (1) unassigned costs and (2) desired profit? Note: The markup percentage on total manufacturing costs is 261%. Compute the markup percentage for each component. Note: Round your answers to the nearest whole percent. Markup to cover unassigned costs Markup to cover desired profit 9 252 X % * % E eBook
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Computing Markups The precicted 2009 costs for Osaka Motors are as follows: Average total assets for 2009 are predicted to be $4,000,000. percent) Markup on varlabit costs Martiog on manufacturing costs (D) If the company desires a 9 percent rate of return on total assets, what is the markup percentage on tatal inancfacturing costs for (1) unassikned cosss and (a) desired profen Note the marky p percentage on total manufacturing cosis is 261%. Compute the markup percentage for each companenk. Note: filound your answers to the nearest whole percent. Thackup to cover unassyed costs Markup to cover desired profis s

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