The Following Data Pertain to Kluver Business Solutions Inc

question 29

Multiple Choice

The following data pertain to Kluver Business Solutions Inc.: variable manufacturing cost $60; variable selling and administrative cost $30; applied fixed manufacturing cost $30; allocated fixed selling and administrative cost $12. What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 80%?

• A)$90.
• B)$108.
• C)$135.
• D)$162.
• E)$216.

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Definitions:

High-Quality Corporations

Companies known for their strong financial health, stability, product quality, and reliable customer service.

National Debt

The total amount of money that a country's government has borrowed, by various means.

Loanable Funds

The total amount of capital available for borrowing, often used in the context of the market for loans.

Interest Rates

Interest rates are the percentages charged or paid for the use of money on loans or deposits, influencing economic activities like borrowing and investing.