Question

Which type of markup takes into account the total costs of running the company not just the wholesale cost of the product so that the markup amount is all profit?

A opportunity cost markup
B break even markup
C cost based markup
D retail based markup

Answer 1

I just took this quiz for k-12, and the answer is "Cost-based mark-up" I hoped this helped :)

Answer 2

C.Cost-based markup is the answer