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Author Question: Wilde Corporation budgeted the following costs for the production of its one and only product for ... (Read 36 times)

Pea0909berry

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on: Mar 6, 2021
Wilde Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:

Direct materials$1,140,000
Direct labor795,000
 Manufacturing overhead
Variable840,000
Fixed700,000
 Selling and administrative
Variable360,000
Fixed530,000
Total costs$4,365,000
Wilde has an annual target operating income of $920,000.

The markup percentage for setting prices as a percentage of the variable cost of the product is ________.
◦ 46.3%
◦ 39.2%
◦ 27.5%
◦ 68.6%
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by Pea0909berry on Mar 6, 2021

whitcassie

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Reply #1 on: Mar 6, 2021
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.
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Pea0909berry

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

daiying98

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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