This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Bluegreen's most popular product has a variable cost of $43.56. On Bluegreen's income statement, the ... (Read 43 times)

Tiffanyanne824

  • Full Member
  • ***
  • Posts: 142
on: Feb 5, 2023

Question 1

Monty's has one product with a variable cost of $19.80 and a cost of goods sold per unit of $18.32. If Monty sells this product for $24.75, what is Monty's markup percentage based on variable cost per unit and based on cost of goods sold?
◦ 25%; 35%
◦ 26%; 20%
◦ 35%; 25%
◦ 20%; 26%

Question 2

Bluegreen's most popular product has a variable cost of $43.56. On Bluegreen's income statement, the cost of goods sold per unit is $40.29. If Bluegreen's markup percentage on variable cost is 25% and its gross margin is 26%, what is the selling price of this product?
◦ $53.72
◦ $58.08
◦ $54.45
◦ $58.86
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Tiffanyanne824 on Feb 5, 2023

AarionnaH

  • Full Member
  • ***
  • Posts: 186
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


Tiffanyanne824

  • Member
  • Posts: 142
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
An overhead camshaft engine equipped with variable valve timing on both the intake and exhaust ... An overhead camshaft engine equipped with variable valve timing on both the intake and exhaust ...
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
To find the derivative use product rule To find the derivative use product rule
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library