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Bramble Corporation produces microwave ovens. The following unit cost information is available: direct materials $32, direct labor $24, variable manufacturing overhead $17, fixed manufacturing overhead
Bramble Corporation produces microwave ovens. The following unit cost information is available: direct materials $32, direct labor $24, variable manufacturing overhead $17, fixed manufacturing overhead $44, variable selling and administrative expenses $19, and fixed selling and administrative expenses $34. Its desired ROI per unit is $30.60. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.)
Markup percentage | enter the markup percentages rounded to 2 decimal places | % |
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