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Knowledge Check Seaco Products produced 1 0 , 0 0 0 gears with the following unit costs: variable manufacturing costs $ 2 0 , fixed

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Knowledge Check
Seaco Products produced 10,000 gears with the following unit costs: variable manufacturing costs $20, fixed manufacturing overhead $6, variable selling and administrative expenses $2, and fixed selling and administrative expenses $3. The company has a desired ROI per unit of $9 and has invested assets of $405,000. Compute the absorption-cost pricing markup percentage. (Round answer to 2 decimal places (e.g.,25.02).)
Absorption-cost pricing markup percentage %
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