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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Faulkner Corporation has the following budgeted costs for 20,000 units: Variable Costs Fixed Costs Manufacturing $250,000 $60,000 Selling and Administrative 150,000 40,000 _____________________________________________________ Total $400,000 $100,000 a. What is the markup on variable costs needed to break even? b. What is the markup on variable costs needed to obtain a target profit of $75,000?
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