2. A jacket which costs PhP1,350 is being sold at PhP2,025. What is the rate of mark-up based on cost?

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter5: Activity-based Costing And Management
Section: Chapter Questions
Problem 16MCQ: Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000...
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A jacket which costs PhP1,350 is being sold at PhP2,025. What is the rate of
mark-up based on cost?
Transcribed Image Text:2. A jacket which costs PhP1,350 is being sold at PhP2,025. What is the rate of mark-up based on cost?
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