Beaufort Ltd Is Introducing a New Range of Products

question 24

Multiple Choice

Beaufort Ltd is introducing a new range of products. It has established that the target selling prices of the three products are $120, $150 and $210. Beaufort requires a profit mark-up on cost of 33.3 per cent for all its products. What percentage of the target prices is the target cost in each case?

• A) 50%
• B) 60%
• C) 66.7%
• D) 75%

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Definitions:

Autonomic Ganglion

A cluster of nerve cell bodies in the autonomic nervous system that acts as a relay point for transmitting nerve signals.

Cranial Nerves

The twelve pairs of nerves that originate directly from the brain, not the spinal cord, and are responsible for carrying messages to and from the brain to various parts of the head and neck.

Parasympathetic Division

A division of the autonomic nervous system responsible for stimulating rest-and-digest or feed-and-breed activities in the body.

Terminal Ganglia

Clusters of neurons located near or within the organs they innervate, primarily involved in the autonomic nervous system.