Custom Shoes Co - What Is the Markup Percentage?
A)150%
B)255%
C)850%
D)182

question 1

Multiple Choice

Custom Shoes Co.has gathered the following information concerning one model of shoe: $$\begin{array} { l l } \text { Variable manufacturing costs } & \$ 40,000 \\\text { Variable selling and administrative costs } & \$ 20,000 \\\text { Fixed manufacturing costs } & \$ 160,000 \\\text { Fixed selling and administrative costs } & \$ 120,000 \\\text { Investment } & \$ 1,700,000 \\\text { ROl } & 30 \% \\\text { Planned production and sales } & 5,000 \text { pairs }\end{array}$$
- What is the markup percentage?

• A)150%
• B)255%
• C)850%
• D)182%

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Developing Countries

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Lack Of Education

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