oronado Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $43000 Variable selling and administrative costs $37000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1800000 ROI 30% Planned production and sales 5000 pairs What is the markup percentage? 150% 193% 675% 266%
oronado Industries has gathered the following information concerning one model of shoe: Variable manufacturing costs $43000 Variable selling and administrative costs $37000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1800000 ROI 30% Planned production and sales 5000 pairs What is the markup percentage? 150% 193% 675% 266%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Coronado Industries has gathered the following information concerning one model of shoe:
Variable |
$43000 |
Variable selling and administrative costs | $37000 |
Fixed manufacturing costs | $160000 |
Fixed selling and administrative costs | $120000 |
Investment | $1800000 |
30% | |
Planned production and sales | 5000 pairs |
What is the markup percentage?
150%
193%
675%
266%
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