Solved

The Following Data Pertain to Wolter Incorporated What Price Will the Company Charge If the Firm Uses

Question 16

Multiple Choice

The following data pertain to Wolter Incorporated:  Variable manufacturing cost $70 Variable selling and administrative cost 20 Applied fixed manufacturing cost 20 Allocated fixed selling and administrative cost 4\begin{array} { l r } \text { Variable manufacturing cost } & \$ 70 \\\text { Variable selling and administrative cost } & 20 \\\text { Applied fixed manufacturing cost } & 20 \\\text { Allocated fixed selling and administrative cost } & 4\end{array} What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 50%?


A) $114.
B) $126.
C) $136.
D) $159.
E) $171.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents