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Author Question: Assume a company wishes to maintain a markup of 35% on a product with a unit cost of $25 ($14 ... (Read 13 times)

llesku

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Question 1

Assume a company has a selling price of $20 and a unit cost of $15. What is the company's markup percentage?
◦ 33.3%
◦ 1.25%
◦ 25%
◦ 1.33%

Question 2

Assume a company wishes to maintain a markup of 35% on a product with a unit cost of $25 ($14 variable and $11 fixed). What amount will the company set as the selling price?
◦ $38.46
◦ $33.75
◦ $30.00
◦ $43.90


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Marked as best answer by llesku on Feb 5, 2023

iamkarenvv

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llesku

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


raili21

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Reply 3 on: Yesterday
Wow, this really help

 

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