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Let's Review 4 Rotorua Industries has provided the following cost information, with a budgeted volume of 50,000 units: Per Unit: Variable manufacturing cost $42.00 Variable

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Let's Review 4 Rotorua Industries has provided the following cost information, with a budgeted volume of 50,000 units: Per Unit: Variable manufacturing cost $42.00 Variable selling and administrative 512.50 Total Fixed Costs: Manufacturing $400,000 selling and administrative $150,000 Target ROI (investment of $2.5 million) Based on this information, and assuming absorption cost-plus pricing, what is the markup percentage? a. 15.0% b. 46.0% C. 31.0% d. 21.0%

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