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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: Per Unit Total Direct
Ahmed Corporation makes a mechanical stuffed alligator. The following information is available for Ahmed Corporation's expected annual volume of 500,000 units: Per Unit Total Direct materials $13 Direct labour 7 Variable manufacturing overhead 14 Fixed manufacturing overhead $400,000 Variable selling and administrative expenses 6 Fixed selling and administrative expenses 180,000 The company has a desired ROI of 25%. It has invested assets of $24,400,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) % Markup percentage eTextbook and Media Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage
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