Asked by Anonymous
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%
A. 60.0%
B. 160%
C. 75%
D. 133%
Answers
Answered by
Writeacher
Your umpteen posts have been removed.
Once you write up <b>YOUR THOUGHTS</b>, please re-post, and someone here will be happy to comment.
Once you write up <b>YOUR THOUGHTS</b>, please re-post, and someone here will be happy to comment.
Answered by
drwls
The unit cost is (including fixed costs) $5 and they sell for $8. What does that tell you?
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