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Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 57,000 units of its sole

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Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 57,000 units of its sole product: Magpie desires a profit equal to a 23% retum on invested assets of $560,000. The morkup percentage on total cost for Mogpie's product is 14. 28:74 b. 16.94 c. 13.54 d. 21,9%

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