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 7 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
Gracias!

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

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

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap Dred Scott and his wife and children are featured on the cover of Frank Leslie’s Illustrated Newspap
Patent medicines contained a name brand that clearly identified the product and claimed to cure just ... Patent medicines contained a name brand that clearly identified the product and claimed to cure just ...
How to solve a linear system when the variable is in the denominator position (Question 2 of 2) How to solve a linear system when the variable is in the denominator position (Question 2 of 2)
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering GloFish, marketed as the world’s first GM pet, are a controversial product of genetic engineering
Video: Properties of macromolecules (Explained with No Audio)

For a complete list of videos, visit our video library