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Author Question: Bluegreen's most popular product has a variable cost of $43.56. On Bluegreen's income statement, the ... (Read 41 times)

Tiffanyanne824

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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
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Marked as best answer by Tiffanyanne824 on Feb 5, 2023

AarionnaH

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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.
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Tiffanyanne824

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

JaynaD87

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Reply 3 on: Yesterday
Wow, this really help

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