Delsey Company manufactures product A which has a selling price of $48 per unit. Unit costs associated with the manufacture and sale of product A follow (based on 30,000 units manufactured and sold each year): The company uses the absorption costing approach to cost-plus pricing described in the text. The percentage markup being used to determine the selling price for product A is closest to:
A)100.0%
B)37.5%
C)60.0%
D)40.0%

Question

Delsey Company manufactures product A which has a selling price of $48 per unit. Unit costs associated with the manufacture and sale of product A follow (based on 30,000 units manufactured and sold each year):  The company uses the absorption costing approach to cost-plus pricing described in the text. The percentage markup being used to determine the selling price for product A is closest to:
A)100.0% 
B)37.5% 
C)60.0% 
D)40.0%

Quizplus · Accepted Answer

The Answer of Delsey Company manufactures product A which has a selling price of $48 per unit. Unit costs associated with the manufacture and sale of product A follow (based on 30,000 units manufactured and sold each year):  The company uses the absorption costing approach to cost-plus pricing described in the text. The percentage markup being used to determine the selling price for product A is closest to:
A)100.0% 
B)37.5% 
C)60.0% 
D)40.0%

Delsey Company Manufactures Product a Which Has a Selling Price