What would be bullet corporation''s percentage markup
The following information is provided by Bullet Corporation for a new product it recently introduced:
Total unit cost $50Desired ROI per unit $20Target selling price $70
What would be Bullet Corporation's percentage markup on cost?
Expected delivery within 24 Hours
Refer to the above data. If Riverview applies overhead using a predetermined rate based on machine-hours, what amount of overhead will be assigned to a unit of output which requires 0.5 machine hours and 0.25 labor hours to complete?
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