Exercise 22-19 (Part Level Submission) Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $23, direct labor $29, variable manufacturing overhead $13, fixed manufacturing overhead $20. variable selling and administrative expenses $11, and fixed selling and administrative expenses $16. The company's ROI per unit is $24. (a) Your answer is correct. Compute Rap Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, 9. 10.50.) Absorption-cost pricing markup percentage SHOW SOLUTION SHOW ANSWER LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 2 used (b) * Your answer is incorrect. Try again. Compute Rap Corporation's markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 10.50.) Variable-cost pricing markup percentage 64.47 SHOW SOLUTION LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: 1 of 2 used