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Which statement is true of an opportunity cost? a. It reduces the possibility of accepting a particular course of action. b. It is the potential benefit as a result of following an alternative course of action. c. It is the cost of a special order option. d. It is a variable cost. Maggie Co. has variable manufacturing costs per unit of $20, and fixed manufacturing cost per unit is $10. Variable selling and administrative costs per unit are $5, while fixed selling and administrative costs per unit $2. Maggie desires an ROI of $8 per unit. If Maggie Co. uses the variable cost-plus approach, what is its markup percentage? a. 30% b. 8095 C. 100% d 50% Which statement is true of an opportunity cost? a. It reduces the possibility of accepting a particular course of action. b. It is the potential benefit as a result of following an alternative course of action. c. It is the cost of a special order option. d. It is a variable cost. Maggie Co. has variable manufacturing costs per unit of $20, and fixed manufacturing cost per unit is $10. Variable selling and administrative costs per unit are $5, while fixed selling and administrative costs per unit $2. Maggie desires an ROI of $8 per unit. If Maggie Co. uses the variable cost-plus approach, what is its markup percentage? a. 30% b. 8095 C. 100% d 50%

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