If the Target Profit Is $60,000 for a Volume of 480

question 52

Multiple Choice

If the target profit is $60,000 for a volume of 480 units,fixed costs are $168,000,and the variable cost per unit is $450,then the markup percentage on variable cost would be:

• A)104.56%.
• B)105.56%.
• C)106.00%.
• D)106.45%.
• E)some other amount.

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Definitions:

Net Energy Ratio

A measure comparing the amount of energy delivered by a system to the amount of energy used in its construction and maintenance.

Petrochemicals

Chemical products derived from petroleum or natural gas, serving as raw materials in various manufacturing processes.

Organic Chemicals

Compounds containing carbon atoms, typically produced by living organisms but can also be synthesized artificially.

Net Energy Ratio

The ratio of the amount of useful energy produced by an energy system to the amount of energy expended to produce it.