If the Target Profit Is $60 000 for an Annual

question 9

Multiple Choice

If the target profit is $60 000 for an annual volume of 480 units, the total annual fixed costs are $168 000 and the total variable cost per unit is $450, then what is the mark-up percentage on total variable cost?

• A) 15.6%
• B) 13.5%
• C) 105.6%
• D) 115.6%

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Definitions:

Health Psychologists

Professionals who specialize in understanding how psychological, behavioral, and cultural factors contribute to physical health and illness.

Genetic Risk Information

Data obtained from genetic testing or family history that indicates the likelihood of developing certain diseases or conditions.

Healthy Behaviors

Actions taken by individuals that contribute to maintaining or improving health.

Single-Payer System

A healthcare financing mechanism where a single public or quasi-public agency organizes healthcare financing, but delivery may be public or private.