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Jared Company has determined the following per unit amounts: Per Unit Variable manufacturing cost $126.00 Fixed manufacturing cost $70.00 Variable selling and administrative expenses $33.00

Jared Company has determined the following per unit amounts: Per Unit Variable manufacturing cost $126.00 Fixed manufacturing cost $70.00 Variable selling and administrative expenses $33.00 Fixed selling and administrative expenses $29.00 Desired ROI $23.00 Use the absorption-cost approach to determine the markup percentage. (Round final answer to 4 decimal places.) 31.63% 11.73% 43.37% 76.73%

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