The Following Per Unit Information Is Available for a New

question 65

Multiple Choice

The following per unit information is available for a new product of Blue Ribbon Company who uses total cost-plus pricing: $$\begin{array} { l l } \text { Desired ROl } & \$ 15 \\\text { Fixed cost } & 50 \\\text { Variable cost } & 100 \\\text { Total cost } & 150 \\\text { Selling price } & 165\end{array}$$ Blue Ribbon Company's markup percentage would be

• A)9%.
• B)10%.
• C)30%.
• D)65%.

Comprehend the adaptive significance of self-affirming thoughts and their relation to self-esteem.

Recognize the evidence supporting the Big Five personality traits and their application across cultures.

Identify the perspective of social-cognitive psychologists on personality, achievement, and the interaction between individuals and their environments.

Describe the role of environmental and personal factors in shaping personality through concepts such as reciprocal determinism.

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Definitions:

Sales Return

goods returned by the customers to the seller after the sale, reducing the gross sales figure.

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Sales

The revenue a company earns from sales after subtracting returns, allowances for damaged or missing products, and discounts.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of accounts receivable that is expected to be uncollectible.