The following costs relate to Tower Company: Variable manufacturing cost, $30; variable selling and administrative cost, $8; applied xed manufacturing overhead, $15; and allo- cated xed selling and administrative cost, $4. If Tower uses absorption manufacturing- cost pricing formulas, the company's markup percentage would be computed on the basis of:
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The following costs relate to Tower Company: Variable manufacturing cost, S30; variable selling and administrative cost, SS; applied fixed manufacturing overhead, $15; and allocated fixed selling and administrative cost, $4.
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The following costs relate to Tower Company: Variable manufacturing cost, S30; variable selling and administrative cost, SS; applied fixed manufacturing overhead, $15; and allocated fixed selling and administrative cost, $4
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