The Following Per Unit Information Is Available for a New

question 29

Multiple Choice

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

• A)9%.
• B)10%.
• C)30%.
• D)65%.

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Definitions:

Day Shift

The period during which work is carried out primarily during daylight hours, often considered as roughly from 8 am to 6 pm.

External Validity

The extent to which the results of a study can be generalized or applied to other settings, populations, or times.

Tuition Increases

The rise in the cost or fees associated with attending an educational institution, typically observed on an annual basis.

Generalizing

The process of applying the results of a study to larger populations or settings beyond the original study context.