Calculate the markup bagger will use

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Reference no: EM13948652

Last year, Bagger Company had sales revenue of $1,250,000, direct materials of $240,000, direct labor of $310,700, and overhead of $449,300. Bagger calculates sales price using a markup on cost of goods sold.

Required

1. Calculate the markup Bagger will use.

2. If a job has manufacturing cost of $43,000, what is Bagger's price?

Reference no: EM13948652

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Calculate the markup bagger will use : Last year, Bagger Company had sales revenue of $1,250,000, direct materials of $240,000. Calculate the markup Bagger will use. If a job has manufacturing cost of $43,000, what is Bagger's price?

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