How this markup number of 105.56% came from?

Cost-Plus Pricing - Example Variable mfg. cost Fixed mfg. cost $ 400 Full-absorption mfg. cost 250 Variable S & A cost $ 650 Fixed S & A cost 50 Total cost 100 $ 800 We will use this unit cost information to illustrate the relationship between cost and markup necessary to achieve the desired unit sales price of $925. @2020 Cengage Learning". May not be scanned, copied of duplicated, of posted to a publicly accessible website, in whole or in part 15-45 Cost-Plus Pricing - Example Markup on Variable mfg. cost $ 400 total var. cost Fixed mfg. cost 250 As cost base Full-absorption mfg. cost $ 650 increases, the Variable S & A cost 50 required markup Fixed S & A cost 100 percentage Total cost $ 800 declines. Price = cost + (markup percentage x cost) Price $450 + (105.56% (x $450) = $925 whole of in part 15-47