Tài chính doanh nghiệpCâu 1110 / 1605
A contractor applies a 100% markup on a $3,000 cost. What margin does that represent, and what is the price?
a.Price $6,000; margin 100%
b.Price $6,000; margin 33%
c.Price $6,000; margin 50%
d.Price $3,000; margin 50%
Giải thích
100% markup doubles cost: price = $3,000 + $3,000 = $6,000. Margin = profit / price = $3,000 / $6,000 = 50%. A 100% markup always equals a 50% margin.
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- A contractor buys materials for $2,000 and applies a 35% markup. What is the marked-up material price?
- Which statement about markup and margin is correct?
- A job sells for $50,000 with a 20% gross margin. What are the direct job costs?
- A contractor's annual overhead is $120,000 and he expects $600,000 in direct job costs this year. What overhead rate should he add to each job's direct cost to recover overhead?
- Which of the following is an example of OVERHEAD (indirect cost) rather than a direct job cost?
- A contractor's job has $10,000 direct costs. He adds 15% for overhead and then 10% profit on the resulting subtotal. What is the final price?
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)