Ch_13_Calculation_of_Cost_and_Price_Using_Markup_and_Target_Cost

Ch_13_Calculation_of_Cost_and_Price_Using_Markup_and_Target_Cost

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Calculate Price By Applying Markup Percentage to Cost Where the Markup Percentage = 25.00% Cost $100.00 Price $125.00 Profit $25.00 Profit $25.00 Price $125.00 Cost $100.00 Calculation of Target Cost Where Profit Margin % = 20.00% Price $125.00 Cost
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Unformatted text preview: $100.00 Profit $25.00 Profit $(25.00) Cost $100.00 Price $125.00 Markup Calculations Target Cost Calculations Cost X (1+ MU%) = Price Price X (1 - PM%) = Cost Cost = Price / (1 + MU %) Price = Cost / (1 - PM%)...
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This note was uploaded on 10/20/2011 for the course ACC 222 taught by Professor Brewer during the Spring '08 term at Miami University.

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