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QUESTION 3 Partially correct 4.95 points out of 6.60 P Flag question Cost-Based Pricing and Markups with Variable Costs Computer Consultants Services provides computerized inventory
QUESTION 3 Partially correct 4.95 points out of 6.60 P Flag question Cost-Based Pricing and Markups with Variable Costs Computer Consultants Services provides computerized inventory consulting. The office and computer expenses are 800,000 annually and are not assigned to specific jobs. The consulting hours available for the year total 20,000, and the average consulting hour has $25 of variable costs. (a) If the company desires a profit of $150,000, what should it charge per hour? Round to the nearest cent $ 72.5 (b) What is the markup on variable costs if the desired profit is $200,000? Round to the nearest whole percent. 200 % (c) If the desired profit is $75,000, what is the markup on variable costs to cover (1) unassigned costs and (2) desired profit? Round to the nearest whole percent. Markup to cover unassigned costs 160 % Markup to cover desired profits. 175 X % Check
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