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Find the markup percentage on total manufacturing costs

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Reference no: EM132515628

The predicted 2017 costs for Beta Motors are as follows:

Manufacturing Costs                      Selling & Administrative Costs

Variable    $200,000                           Variable    $600,000

Fixed   440,000                               Fixed           300,000

  • Average total assets for 2017 are predicted to be $7,000,000.

Question 1: If the company desires a 10 percent rate of return on total assets, the markup percentage on total manufacturing costs for unassigned costs would be

Reference no: EM132515628

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