The markup on a video game is 15% of the sale price. If the video game sells for $58.82, what was the cost (in $)? (Round your a
1 answer:
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Answer:
A. $2,400,000
B. $36
C. $49
Explanation:
Base on the scenario been described in the question, we can use the following method to solve the given problem
a. Ascertain the variable costs and the variable cost amount per unit for the production and sale of 10,000 cellular phones:
The total variable cost = $2,400,000
Variable cost per unit =$240
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b. Ascertain the variable cost mark-up percentage for cellular phones:
Compute the desired ROI per unit:
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Compute the Fixed co
An attached image in given for the calculations
