Which of the Following Formulas Represents the Mark-Up Percentage on Full

question 71

Multiple Choice

Which of the following formulas represents the mark-up percentage on full cost?

• A) Mark-up % = target profit / (annual volume × total cost per unit)
• B) Mark-up % = target profit × total cost per unit
• C) Mark-up % = target profit × annual volume
• D) Mark-up % = (target profit × total cost per unit)/ annual volume

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Definitions:

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