AhmedCorporationmakesamechanicalstuffedalligator.ThefollowinginformationisavailableforAhmedCorporation'sexpectedannualvolumeof500,000units:

Current Attempt in Progress 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 $14 Direct labour 9 Variable manufacturing overhead 11 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 40%. It has invested assets of $23,200,000. Using absorption-cost pricing, calculate the markup percentage. (Round answer to ZdEdmOl places, 83. 15.25%.) Markup percentage l % eTextbook and Media Using variablecost pricing, calculate the markup percentage. [Round answer to 2 decimal places, 9.3. 15.25%.) Markup percentage l 96