Which of the Following Formulas Represents the Markup Percentage on Total

question 54

Multiple Choice

Which of the following formulas represents the markup percentage on total cost?

• A) Target profit ÷ annual volume.
• B) Target profit ÷ (annual volume × total cost per unit).
• C) (Annual volume × total cost per unit) ÷ target profit.
• D) Target profit ÷ variable cost.
• E) (Target profit × total cost per unit) ÷ annual volume.

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