(Appendix 12A)The Markup Percentage That Would Be Needed on the New

question 64

Multiple Choice

(Appendix 12A) The markup percentage that would be needed on the new product is closest to which of the following?

• A) 12.5%.
• B) 24.0%.
• C) 51.0%.
• D) 59.5%.Markup = (650,000 * ,25 + 60,000 * 3 + 300,000)/(60,000 * 18)= 59.5%.

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