The Mark-Up Percentage Is Usually Higher If the Cost Base

question 162

Multiple Choice

The mark-up percentage is usually higher if the cost base used is:

• A)variable manufacturing costs.
• B)the variable cost of the product.
• C)total manufacturing costs.
• D)the full cost of the product.

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Definitions:

Circular Sphincter

A circular muscle that constricts or dilates to regulate the passage of substances through an opening in the body, such as the pyloric sphincter in the digestive system.

Peristalsis

The involuntary constriction and relaxation of the muscles of the intestine or another canal, creating wavelike movements that push the contents forward.

Sartorius

A long narrow muscle of the thigh; the longest muscle of the body.

Duchenne's

Often referring to Duchenne muscular dystrophy, a genetic disorder characterized by progressive muscle degeneration and weakness.