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Question 25 Marigold Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 Variable selling and administrative costs $10000 Fixed
Question 25
Marigold Corp. has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $30000 |
| Variable selling and administrative costs | $10000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1600000 |
| ROI | 30% |
| Planned production and sales | 5000 pairs |
What is the markup percentage?
|
| 253% |
|
| 150% |
|
| 1200% |
|
| 171% |
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
