9. Synder Corporation uses a 120% markup on total cost and recently computed a selling price of $1,850 for a particular product. On the basis of this information, the product's total cost is: (A) $841. (B) $1,480. (C) $1,542. (D) $2,220.

1. Guble Manufacturing produces a single product that sells for $70. Variable costs per unit equal $45. The company expects total fixed costs to be $52,000 for the next month at the projected sales level of 2,500 units. In an attempt to improve performance, management is considering an alternative action. Suppose that management believes that a 10% reduction in the selling price will result in a 10% increase in units sold. If this proposed reduction in selling price is implemented ________. (A) operating income will decrease by $10,500 (B) operating income will increase by $11,500 (C) operating income will decrease by $13,000 (D) operating income will increase by $22,000

9. Synder Corporation uses a 120% markup on total cost and recently computed a selling price of $1,850 for a particular product. On the basis of this information, the product's total cost is:
(A) $841.
(B) $1,480.
(C) $1,542.
(D) $2,220.

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