Current Attempt in Progress

Pharoah Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $$22,$ direct labour $$13,$ variable manufacturing overhead $$16,$ fixed manufacturing overhead $$24,$ variable selling and admintrative expenses $$9,$ and fixed selling and administrative expenses $$15.$ The company's ROI per unit is $$18.$

$($a$)$

Your answer is correct.

Calculate Pharoah Corporation's markup percentage using absorption$-$cost pricing. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25\%.)$

Markup percentage

eTextbook and Media

Attempts: $1$ of $3$ used

eTextbook and Media

Attempts: $1$ of $3$ used

$($b$)$

Calculate Pharoah Corporation's markup percentage using variable$-$cost pricing. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25\%.)$

Markup percentage

eTextbook and Media

Attempts: $0$ of $3$ used