The following data pertain to Quincey Enterprises: $$\begin{array} { l r }
\text { Variable manufacturing cost } & \$ 60 \
\text { Variable selling and administrative cost } & 10 \
\text { Applied fixed manufacturing cost } & 30 \
\text { Allocated fixed selling and administrative cost } & 5
\end{array}$$ What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 60%?
A) $63.
B) $168.
C) $175.
D) $280.
E) None of the other answers are correct.

Question

The following data pertain to Quincey Enterprises: $$\begin{array} { l r } 
\text { Variable manufacturing cost } & \$ 60 \
\text { Variable selling and administrative cost } & 10 \
\text { Applied fixed manufacturing cost } & 30 \
\text { Allocated fixed selling and administrative cost } & 5
\end{array}$$ What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 60%?
A) $63.
B) $168.
C) $175.
D) $280.
E) None of the other answers are correct.

Quizplus · Accepted Answer

The Answer of The following data pertain to Quincey Enterprises: $$\begin{array} { l r } 
\text { Variable manufacturing cost } & \$ 60 \
\text { Variable selling and administrative cost } & 10 \
\text { Applied fixed manufacturing cost } & 30 \
\text { Allocated fixed selling and administrative cost } & 5
\end{array}$$ What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 60%?
A) $63.
B) $168.
C) $175.
D) $280.
E) None of the other answers are correct.

The Following Data Pertain to Quincey Enterprises What Price Will the Company Charge If the Firm Uses