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ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures: Variablemanufacturingcost $45 Appliedfixedoverhead $15 Variablesellingandadministrativecost $ 10 Allocatedfixedsellingandadministrativecost $18 Required: Ifthecompanyusescost-pluspricingbasedonmanufacturingcosts,determinethemark-uppercentageusedbythecompanytoobtainapriceof$150.

ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures:

Variablemanufacturingcost $45
Appliedfixedoverhead $15
Variablesellingandadministrativecost $ 10
Allocatedfixedsellingandadministrativecost $18

Required:

Ifthecompanyusescost-pluspricingbasedonmanufacturingcosts,determinethemark-uppercentageusedbythecompanytoobtainapriceof$150.

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