Price be set based on return on sales

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Reference no: EM131767258

1. The corporate manager demands that the price be set based on return on sales (ROS) = 20%. if the variable cost is $35 per unit for 500 units and the total fixed cost is $7500, what will the price be?

A) $74.50

B) $78.25

C) $68.75

D) $62.50

E) $56.60

2. If for a television set the markup at Retail is 30%, what would the markup at Cost be?

A) 53.8%

B) 25.1%

C) 42.9%

D) 37.6%

E) 22.2%

Reference no: EM131767258

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