Blue light Fixtures Inc. has the following per-unit cost breakdown: • Product cost: $90 • • Selling/Admin: $50 Total cost: $140 (includes $100 variable and $40 fixed) Desired profit per unit: $60 What is the mark-up percentage based on product cost?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4EA: A product has a sales price of $250 and a per-unit contribution margin of $75. What is the...
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Can you explain this general accounting question using accurate calculation methods?

Blue light Fixtures Inc. has the following per-unit cost breakdown:
•
Product cost: $90
•
•
Selling/Admin: $50
Total cost: $140 (includes $100 variable and $40 fixed)
Desired profit per unit: $60
What is the mark-up percentage based on product cost?
Transcribed Image Text:Blue light Fixtures Inc. has the following per-unit cost breakdown: • Product cost: $90 • • Selling/Admin: $50 Total cost: $140 (includes $100 variable and $40 fixed) Desired profit per unit: $60 What is the mark-up percentage based on product cost?
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