59.

The following per unit information is available for a new product of Scranton Company assuming 20,000 units are produced:

Desired ROI per unit		$18
Fixed manufacturing cost			$20
Fixed selling & administrative cost			15
Variable manufacturing cost			33
Variable selling & administrative cost			12
Total cost			$80

Using absorption cost as the definition of cost, what is the mark-up percentage?

Select one:

a. 117.8%

b. 22.5%

c. 40.0%

d. 197.0%