Author Question: Crimpson Company has invested $2,200,000 in a plant to make commercial juicer machines. The target ... (Read 55 times)

vHAUNG6011 · **on:** Mar 6, 2021

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%

Jbrasil · **Reply #1 on:** Mar 6, 2021

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