Maple Manufacturing Co. makes profits with varying pricing structures, but it wants to determine the minimum mark-up percentage for all products based on manufacturing costs that will ensure that it does not fall below break-even point. It has estimated the following costs for the coming year for its planned production of all products. Variable manufacturing costs $500,000 Fixed manufacturing costs 125,000 Selling expenses 110,000 Administrative expenses 130,000 The mark-up percentage required for Maple Manufacturing to break even is:

Accounting