Westinghouse Company has an opportunity to bid on a new job.The manufacturing cost estimate to bid on the job is $25,000,which yields a markup of 50% over the manufacturing cost.How much should they bid on this project?

Name: Westinghouse Company has an opportunity to bid on a new job.The manufacturing cost estimate to bid on the job is $25,000,which yields a markup of 50% over the manufacturing cost.How much should they bid on this project?
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Question

Quizplus · Accepted Answer

C)[($25,000 × .50 = $12,500)+ $25,000] = $37,500

Westinghouse Company Has an Opportunity to Bid on a New