1. The corporate manager demands that the price be set based on return on sales (ROS) = 20%. if the variable cost is $35 per unit for 500 units and the total fixed cost is $7500, what will the price be?
A) $74.50
B) $78.25
C) $68.75
D) $62.50
E) $56.60
2. If for a television set the markup at Retail is 30%, what would the markup at Cost be?
A) 53.8%
B) 25.1%
C) 42.9%
D) 37.6%
E) 22.2%