Multiple Choice Question 47 Concord Corporation Has Gathered The Following Infor
Multiple Choice Question 47
Concord Corporation has gathered the following information concerning one model of shoe:
Variable manufacturing costs$33000Variable selling and administrative costs$27000Fixed manufacturing costs$160000Fixed selling and administrative costs$120000Investment$1700000ROI30%Planned production and sales5000 pairs
What is the markup percentage?
150%
850%
264%
182%