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The Coffee Revolution sells beverages in a variety of coffee flavors.Data for a recent week appear below: Revenue (1,000 cups sold) Cost of ingredients SAR640
The Coffee Revolution sells beverages in a variety of coffee flavors.Data for a recent week appear below:
Revenue (1,000 cups sold)
Cost of ingredients SAR640
Factory Rent500
Depreciation expense -office3601,500
b. What is the markup percentage if the company adopts the product cost method and the required rate of return by shareholders is 10% on total assets of SAR 10,000
The answer is not markup % is not effected, could you please explain HOW?
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