Question
The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available: Variable manufacturing
The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available: Variable manufacturing cost $ 181
Applied fixed manufacturing cost 91
Variable selling and administrative cost 61
Allocated fixed selling and administrative cost 76
12.
value: 3.00 points
Required information
What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 215%?
$389.15
$490.20
$570.15
$637.65
None of these.
13.
value: 3.00 points
Required information
What price will the company charge if the firm uses cost-plus pricing based on total variable cost and a markup percentage of 175%?
$138.29.
$423.50.
$380.29.
$665.50.
None of these.
14.
value: 3.00 points
Required information
What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 125%?
$544.50.
$749.25.
$612.00.
$920.25.
None of these.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started