Moon Company uses the variable cost concept of applying the cost-plus approach to product pricing. The costs and expenses of producing and selling 75,000 units of Product T are as follows:
Moon desires a profit equal to a 18% rate of return on invested assets of $1,440,000.
Round your markup percentage to one decimal place and other intermediate calculations and final answer to two decimal places.

Question

Moon Company uses the variable cost concept of applying the cost-plus approach to product pricing. The costs and expenses of producing and selling 75,000 units of Product T are as follows:
  Moon desires a profit equal to a 18% rate of return on invested assets of $1,440,000.
  Round your markup percentage to one decimal place and other intermediate calculations and final answer to two decimal places.

Quizplus · Accepted Answer

The Answer of Moon Company uses the variable cost concept of applying the cost-plus approach to product pricing. The costs and expenses of producing and selling 75,000 units of Product T are as follows:
  Moon desires a profit equal to a 18% rate of return on invested assets of $1,440,000.
  Round your markup percentage to one decimal place and other intermediate calculations and final answer to two decimal places.

Moon Company Uses the Variable Cost Concept of Applying the Cost-Plus