Assume Markup Percentage Equals Desired Profit Divided by Total Costs

question 25

Multiple Choice

Assume markup percentage equals desired profit divided by total costs.What is the correct calculation to determine the dollar amount of the markup per unit?

• A)Total cost times markup percentage.
• B)Total cost per unit times markup percentage per unit.
• C)Total cost per unit divided by markup percentage per unit.
• D)Markup percentage per unit divided by total cost per unit.
• E)Markup percentage divided by total cost.

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Definitions:

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