Using the Variable Cost Concept Determine the Mark-Up Per Unit

question 58

Multiple Choice

Using the variable cost concept determine the mark-up per unit for 30,000 units using the following data: Variable cost per unit $15.00, total fixed costs $90,000 and desired profit $150,000.

• A) $10
• B) $15
• C) $8
• D) $23

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Definitions:

Electra Complex

A psychoanalytic theory proposing that a girl experiences psychosexual competition with her mother for her father's attention during the phallic stage of development.

Persona

The aspect of someone's character that is presented to or perceived by others.

Ideal Self

A person's conception of how they would like to be, often serving as a motivation for self-improvement or change.

Public Self

The aspect of an individual that is presented to and perceived by others, often aligning with societal norms.