Question
The predicted 2017 costs for Beta Motors are as follows: Manufacturing Costs Selling & Administrative Costs Variable $200,000 Variable $600,000 Fixed 440,000 Fixed 300,000 Average
The predicted 2017 costs for Beta Motors are as follows:
Manufacturing Costs
Selling & Administrative Costs
Variable
$200,000
Variable
$600,000
Fixed
440,000
Fixed
300,000
Average total assets for 2017 are predicted to be $7,000,000.
If the company desires a 10 percent rate of return on total assets, the markup percentage on total manufacturing costs for unassigned costs would be:
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Financial & Managerial Accounting
Authors: Jan Williams
16th Edition
78111048, 978-0078111044
