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joja [24]
2 years ago
15

Item 13 assume markup percentage equals desired profit divided by total costs. what is the correct calculation to determine the

dollar amount of the markup per unit?
Business
1 answer:
xz_007 [3.2K]2 years ago
8 0

The calculation to determine the dollar amount of the markup per unit: Total cost per unit times markup percentage per unit.

Total cost, in economics, is the sum of all costs incurred by a company in generating a certain stage of output. Knowledge of the full fee involved in producing their output lets a business have better knowledge of their profitability and efficiency. This may allow an organization to determine whether or not they want to reevaluate their pricing approach, reduce expenses or take different steps to grow their profitability.

Markup percentage is a percent markup over the cost fee to get the promoting price and is calculated as a ratio of gross income to the price of the unit. The amount of markup allowed to the store determines the money he makes from promoting each unit of the product. Better the markup, extra the price to the purchaser, and extra the cash the store makes.

Learn more about Total cost here brainly.com/question/14332852

#SPJ4

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The answer is letter D.

Explanation:

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8 0
3 years ago
Under market organization, individuals can communicate their preferences to other decision makers directly, through communicatio
salantis [7]

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B) False

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3 years ago
Which of the following are good choices for your appearance in an interview?
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-dress nicely

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4 0
3 years ago
Read 2 more answers
At the end of 2001, Lehnhoff Inc. had $75 million in cash on its balance sheet. During 2002, the following events occurred: The
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Answer:

The multiple choices are:

a. $200 Million

b. $50 Million

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d. $100 Million

The correct option is A,$200 million

Explanation:

The increase in cash recorded from the statement of cash flows prepared in the year plus the opening balance of cash at the beginning of the year gives the cash balance at the end of the year shown below:

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6 0
3 years ago
the difference between the actual quanity and the standard quanity, multiplied by the standard price is the
dalvyx [7]

Answer: Direct materials quantity variance.

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