The Swan Company Produces Their Product at a Total Cost

question 39

Multiple Choice

The Swan Company produces their product at a total cost of $43 per unit. Of this amount $8 per unit is selling and administrative costs. The total variable cost is $30 per unit The desired profit is $20 per unit. Determine the mark up percentage on total cost.

• A) 100%
• B) 110%
• C) 80%
• D) 46.5%

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