Question

Job XYZ has a total manufacturing cost of $600. If the mark-up percentage is 40%, the job will sell for_______ $.

Answer 1

Answer: $840

Explanation:

From the question, we are informed that Job XYZ has a total manufacturing cost of $600 and that the mark-up percentage is 40%.

The amount that the job will sell for will be:

= $600 + ($600 × 40%)

= $600 + ($600 × 0.4)

= $600 + $240

= $840