Use the Information Below to Answer the Following Question(s)

question 90

Multiple Choice

Use the information below to answer the following question(s) .Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year:
Pershing has a target profit of $150,000.
-What is the target profit percentage as a percentage of total manufacturing costs?

• A)61%
• B)21%
• C)47%
• D)27%
• E)35%

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Definitions:

Class Action Lawsuit

A legal proceeding where one or several individuals file a lawsuit on behalf of a larger group of people who are similarly affected.

Certifies

Issues a declaration or provides assurance that something is true or meets specific standards.

Criteria

Standards or principles by which something is judged or decided, used to evaluate or make decisions.

Plaintiffs Prevail

Refers to a legal outcome where the party filing the lawsuit (plaintiffs) win the case.