Managerial accounting information is used by external and internal users equally

For Proposal 3, the book value of the existing asset is ________. (See Table 11.2)

A) $21,000 B) $43,000 C) $52,000 D) $80,000

Which of the following gives the correct formula for calculating markup percentage?

A) Sales price/markup B) Sales price/fixed costs C) Fixed costs/variable costs D) Markup/sales price E) Sales price/variable costs