The following data pertain to Lomax Enterprises:
What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 110%?
A)$84.
B)$147.
C)$210.
D)$231.
E)Some other amount.

Question

The following data pertain to Lomax Enterprises: 
What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 110%?
A)$84. 
B)$147. 
C)$210. 
D)$231. 
E)Some other amount.

Quizplus · Accepted Answer

The Answer of The following data pertain to Lomax Enterprises: 
What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 110%?
A)$84. 
B)$147. 
C)$210. 
D)$231. 
E)Some other amount.

The Following Data Pertain to Lomax Enterprises