I b) Electroz Ltd has the following data concerning a model electric car it manufactures:< Variable manufacturing cost Applied fixed overhead Variable selling and administrative cost Allocated fixed selling and administrative cost ● ● $454 $15< $ 10 $184 Required: ( If the company uses cost-plus pricing based on manufacturing costs, determine the mark- up percentage used by the company to obtain a price of $150.

I b) Electroz Ltd has the following data concerning a model electric car it manufactures:< Variable manufacturing cost Applied fixed overhead Variable selling and administrative cost Allocated fixed selling and administrative cost ● ● $454 $15< $ 10 $184 Required: ( If the company uses cost-plus pricing based on manufacturing costs, determine the mark- up percentage used by the company to obtain a price of $150.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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