Drost, Inc. has budgeted sales of $150,000 with the following budgeted costs: Compute the average target profit percentage for setting prices as a percentage of:
a. Prime costs.
b. Total costs.
c. Total variable costs.
d. Variable manufacturing costs.
e. Total manufacturing costs.

Question

Drost, Inc. has budgeted sales of $150,000 with the following budgeted costs:  Compute the average target profit percentage for setting prices as a percentage of:
a. Prime costs.
b. Total costs.
c. Total variable costs.
d. Variable manufacturing costs.
e. Total manufacturing costs.

Quizplus · Accepted Answer

The Answer of Drost, Inc. has budgeted sales of $150,000 with the following budgeted costs:  Compute the average target profit percentage for setting prices as a percentage of:
a. Prime costs.
b. Total costs.
c. Total variable costs.
d. Variable manufacturing costs.
e. Total manufacturing costs.