Sarker manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If each unit is sold for $8, what markup percentage is the company using? A. 60.0% B. 160% C. 75% D. 133%

Sarker manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If each unit is sold for $8, what markup percentage is the company using? A. 60.0% B. 160% C. 75% D. 133%

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 26E: Starling Co. manufactures one product with a selling price of 18 and variable cost of 12. Starlings...

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Question

Hii expert please provide correct answer general Accounting question

Sarker manufacturing company produces
and sells 40,000 units of a single product.
Variable costs total $80,000 and fixed costs
total $120,000. If each unit is sold for $8,
what markup percentage is the company
using?
A. 60.0%
B. 160%
C. 75%
D. 133%

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