Bluegreen's Most Popular Product Has a Variable Cost of $43

question 23

Multiple Choice

Bluegreen's most popular product has a variable cost of $43.56.On Bluegreen's income statement, the cost of goods sold per unit is $40.29.If Bluegreen's markup percentage on variable cost is 25% and its gross margin is 26%, what is the selling price of this product?

• A)$54.45
• B)$58.08
• C)$58.86
• D)$53.72

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Definitions:

Cortical Nephrons

Nephrons located in the cortex of the kidney, playing a crucial role in the filtration of blood and regulation of water and soluble substances.

Juxtamedullary Nephrons

A type of nephron in kidneys, located close to the medulla, involved in the concentration of urine and water reabsorption.

Loops of Henle

The part of the kidney nephron involved in the counter-current exchange mechanism to concentrate urine and reclaim water and salts.

Podocytes

Specialized cells in the kidneys that wrap around capillaries of the glomerulus, playing a critical role in the filtration of blood to form urine.