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Business, 06.05.2021 15:40 alwaysneedhelp84

The Sierra Company produces its product at a total cost of $1,000 per unit. Of this amount, $680 is product cost and $320 is selling and administrative expenses. In addition, the total cost of $1,000 is made up of $850 variable cost and $150 fixed cost. The desired profit is $160 per unit. Determine the mark up percentages under each of the following cost-plus methods. If required, round your answers to one decimal place. (a) Total cost concept fill in the blank 1 % (b) Product cost concept fill in the blank 2 % (c) Variable cost concept

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The Sierra Company produces its product at a total cost of $1,000 per unit. Of this amount, $680 is...
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