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Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 64,300 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 64,300 units of its sole product. Magpie desires a profit equal to a 18% return on invested assets of $604,000. The markup percentage on total cost for Magpie's product is . 217% b. 10.2% c. 16.6% d. 12.7% The unit selling price for product XXX is $5 and for product ZZZ is $15. Budgeted production for product XXX during the month is a. 523,100 units b. $28,900 units c. $26,000 units d. 560,800 units

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