Compute the markup on cost of goods sold

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Barium Corp. provides the following information for the month of March of the current year:

Revenues $200,000

Cost of Goods Sold 80%

Selling and administrative expenses $11,000

Question 1: Compute the markup on cost of goods sold (COGS).

a. 25%

b. 67%

c. 33%

d. 50%

Reference no: EM132548327

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