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Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Direct materials Per Unit

image text in transcribedimage text in transcribed Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Direct materials Per Unit $14 Total Direct labour 9 Variable manufacturing overhead 13 Fixed manufacturing overhead $400,000 Variable selling and administrative expenses 4 Fixed selling and administrative expenses 130.000 The company has a desired ROI of 40%. It has invested assets of $23,200,000. X Your answer is incorrect. Using absorption-cost pricing. calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%) Markup percentage 22.8 96 X Your answer is incorrect. Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage eTextbook and Media 19.6 %

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