c. 554.53 d. 572.53 Question 5 Med out of 2 Larry Bett is considering building a budget hotel that offers clean small rooms with bathrooms. He anticipates that the rooms will rent for 36,000 room-nights per year. The market price for equivalent rooms is $60 per night. Larry estimates that the capital og will be $8,000,000 and he would like an annual return of 15%. Following are the estimated annual operating costs: Variable costs $ 18 per room nigh Fixed costs: $763,200 Using the cost-plus markup pricing method, what is the markup % on full cost? F Frog question Select one: a. 85% O b. 15% c. 46% d. 54% Clear my choice Acorn Products currently sells small boats for $360. It has costs currently assigned to it of $280. A competitor is brin small boat to market that will sell for $300. Management believes it must lower the price to $300 to compete in the