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Author Question: Ocean Grove Vending Company has invested $1,450,000 in a plant to make vending machines. The target ... (Read 167 times)

krzymel

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Ocean Grove Vending Company has invested $1,450,000 in a plant to make vending machines. The target operating income desired from the plant is $362,500 annually. The company plans annual sales of 1500 vending machines at a selling price of $1000 each.

What is the markup percentage as a percentage of cost for Ocean Grove Vending Company?
◦ 24.17%
◦ 31.87%
◦ 75.83%
◦ 25.00%


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Marked as best answer by krzymel on Mar 6, 2021

joewallace

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krzymel

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Reply 2 on: Mar 6, 2021
Excellent


Laurenleakan

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

 

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