Using the variable cost concept, determine the markup per unit for 30,000 units using the following data:Variable cost per unit $15Total fixed costs $90,000Desired profit $150,000Round to the nearest dollar.
A) $10
B) $15
C) $8
D) $23

Question

Using the variable cost concept, determine the markup per unit for 30,000 units using the following data:​Variable cost per unit $15Total fixed costs $90,000Desired profit $150,000Round to the nearest dollar.
A) $10
B) $15
C) $8
D) $23

Quizplus · Accepted Answer

The Answer of Using the variable cost concept, determine the markup per unit for 30,000 units using the following data:​Variable cost per unit $15Total fixed costs $90,000Desired profit $150,000Round to the nearest dollar.
A) $10
B) $15
C) $8
D) $23

Using the Variable Cost Concept, Determine the Markup Per Unit