Use the information below to answer the following question(s).Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year:
Pershing has a target profit of $150,000.
-What is the target profit percentage as a percentage of total manufacturing costs?
A)61%
B)21%
C)47%
D)27%
E)35%

Question

Use the information below to answer the following question(s).Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year:
  Pershing has a target profit of $150,000.
-What is the target profit percentage as a percentage of total manufacturing costs?
A)61% 
B)21% 
C)47% 
D)27% 
E)35%

Quizplus · Accepted Answer

The Answer of Use the information below to answer the following question(s).Pershing Company budgeted the following costs for the production of its one and only product, blades, for the next fiscal year:
  Pershing has a target profit of $150,000.
-What is the target profit percentage as a percentage of total manufacturing costs?
A)61% 
B)21% 
C)47% 
D)27% 
E)35%

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