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Unformatted text preview: Hierachy of Activity: Unit Level, Batch Level, Product Level, Facility Level Mark Up On Cost A company has a 25% mark up on cost, sales=100,000, what is cost? Sales 100,000 125%-Cost 80,000 100% GP 25% 80,000 is the answer Let Cost be 100% if mark up on cost A company has a 20% mark up on sale, sales=100,000, what is cost? Sales 100,000 100%-Cost 80,000 80% GP 20% 80,000 is the answer Let Sales be 100% if mark up on sale...
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This note was uploaded on 05/09/2011 for the course BUSI 101 taught by Professor Dj during the Spring '11 term at University of North Carolina School of the Arts.
- Spring '11
- Managerial Accounting