Figure 10-6
Multiple Products Co -Refer to Figure 10-6

question 12

Multiple Choice

Figure 10-6
Multiple Products Co. has predicted the following costs for this year for 100,000 units: $\begin{array}{lcc}&&\text { Selling and }\\&\text { Manufacturing }&\text { Administrative }\\\hline\text { Variable } & £ 400,000 & £ 100,000 \\\text { Fixed } & 600,000 & 300,000 \\\text { Total } & £ 1,000,000 & £ 400,000\end{array}$
-Refer to Figure 10-6. What is the manufacturing cost mark up needed to obtain a target profit of £100,000?

• A)100 per cent
• B)67 per cent
• C)50 per cent
• D)25 per cent

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Definitions:

Eurobond

An international bond that is denominated in a currency not native to the country where it is issued, offering a way for entities to raise capital in foreign markets.

Yankee Bond

A bond issued by a foreign entity in the United States, denominated in U.S. dollars, allowing issuers to access capital from U.S. investors.

Samurai Bond

A Japanese yen-denominated bond issued in Japan by a non-Japanese entity, aiming to attract investors based in Japan.

Bulldog Bond

A bond issued in the United Kingdom by foreign entities, denominated in British pounds, as part of international finance.