Convert 176 Pounds to an Equivalent Amount in Kilograms

question 14

Multiple Choice

Convert 176 pounds to an equivalent amount in kilograms.

• A)80 kilograms
• B)387.2 kilograms
• C)94 kilograms
• D)354 kilograms

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Definitions:

Markup

The supplementary amount factored into the base price of goods to address fixed costs and earnings, influencing their final selling point.

Selling Price

The price a consumer disburses to obtain a product or service from a merchant.

Absorption Costing

An accounting method that includes all manufacturing costs—both variable and fixed—in the cost of goods sold, for product pricing.

Markup

The difference between the cost of a good or service and its selling price, expressed as a percentage of cost.