Marie Corporation manufactures a fiber optic connector. The variable cost per unit is $16. The fixed cost

Question:

Marie manufactures a fiber optic connector. The variable cost per unit is $16. The fixed cost per unit is $9. The company’s desired ROI per unit is $3. Compute the markup percentage using variable cost pricing.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...