A firm charges $25 for a product. If the markup is 25 percent, then the fully allocated average cost of the product is
A) $6.25.
B) $18.75.
C) $20.00.
D) None of the above is correct.

Question

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The Answer of A firm charges $25 for a product. If the markup is 25 percent, then the fully allocated average cost of the product is
A) $6.25.
B) $18.75.
C) $20.00.
D) None of the above is correct.

A Firm Charges $25 for a Product