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Oriole Corporation makes a mechanical stuffed alligator. The following information is available for Oriole Corporation's expected annual volume of 5 0 0 , 0 0

Oriole Corporation makes a mechanical stuffed alligator. The following information is available for Oriole Corporation's expected
annual volume of 500,000 units:
The company has a desired ROI of 20%. It has invested assets of $22,200,000.
(a)
Your answer is correct.
Using absorption-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g.15.25%.)
Markup percentage
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Attempts: 3 of 3 used
(b)
Your answer is incorrect.
Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal places, e.g.15.25%.)
Markup percentage
eTextbook and Media
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