The following costs relate to Tower Company: Variable manufacturing cost, $30; variable selling and administrative cost, $8; applied fixed manufacturing overhead, $15; and allocated fixed selling and administrative cost, $4. If Tower uses total-cost pricing formulas, the company's markup percentage would be computed on the basis of:
A. $38.
B. $45.
C. $57.
D. $30.
E. None of the answers is correct.
Answer: C
You might also like to view...
Brands in a market with many competitors and high advertising clutter must ________
A) have very high prices compared to competitors B) be advertised only through print and social media C) be advertised more heavily to be noticed in the marketplace D) never be advertised using informative advertising E) be advertised only during the mature stage of the product life cycle
What are some tools used to compare education systems in different countries?
a) GDP b) Literacy rates c) Government spending d) Unemployment rates
The BOT option for large projects is designed to:
A) Automate the payment process. B) Automate the closeout process. C) Keep the door open for new projects between the customer and project organization. D) Limit risk for the customer in the short run.
The expected opportunity loss (EOL) will always result in the same decision as the maximum expected monetary value (EMV)
Indicate whether the statement is true or false