Determine the mark up percentage on variable cost


The Koko Company produces their product at a total cost of $43 per unit. Of this amount $8 per unit is selling and administrative costs. The total variable cost is $30 per unit The desired profit is $20 per unit. Determine the mark up percentage on variable cost.

 

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Accounting Basics: Determine the mark up percentage on variable cost
Reference No:- TGS088137

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