Assume a Company Wishes to Maintain a Markup of 35

question 58

Multiple Choice

Assume a company wishes to maintain a markup of 35% on a product with a unit cost of $25 ($14 variable and $11 fixed) .What amount will the company set as the selling price?

• A)$30.00
• B)$33.75
• C)$38.46
• D)$43.90

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