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Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $52000 Variable selling and administrative costs $48000 Fixed manufacturing costs
Bramble Corp. has gathered the following information concerning one model of shoe:
| Variable manufacturing costs | $52000 |
| Variable selling and administrative costs | $48000 |
| Fixed manufacturing costs | $160000 |
| Fixed selling and administrative costs | $120000 |
| Investment | $1900000 |
| ROI | 30% |
| Planned production and sales | 5000 pairs |
What is the markup percentage?
269%
204%
570%
150%
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