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Author Question: Crimpson Company has invested $2,200,000 in a plant to make commercial juicer machines. The target ... (Read 87 times)

vHAUNG6011

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Crimpson Company has invested $2,200,000 in a plant to make commercial juicer machines. The target operating income desired from the plant is $303,000 annually. The company plans annual sales of 7000 juicer machines at a selling price of $500 each.

What is the markup percentage as a percentage of cost for Crimpson Company?
◦ 8.7%
◦ 13.8%
◦ 9.5%
◦ 0.9%


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Marked as best answer by vHAUNG6011 on Mar 6, 2021

Jbrasil

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vHAUNG6011

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


aliotak

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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