(Ignore the 113 that was my incorrect attempt)

Product Cost Markup Percentage Apex Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $74 per unit, of which $40 is product cost and $34 is selling and administrative expenses. In addition, the total cost of $74 is made up of $40 variable cost and $34 fixed cost. The desired profit is $6 per unit. Determine the markup percentage on product cost. Round the answer to nearest whole number. 113 x %