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ASSIGNMENT 9 Question 10 of 18

ASSIGNMENT 9 Question 10 of 18 Shm. History Current Attempt in Progress X is inc_nrrect 0/3 Ivanhoe Corporation produces microwave units. Thc following per-unit cost information is available: direct materials $37; direct labour 525: variable manufacturing overhead SIB; fixed manufacturing overhead 9M: variable selling and administrative expenses S 14; and fixed selling and administrative expenses $26. Its desired ROI per unit is $28.20. Calculate the markup percentage using the absorption-cost approach. (Round answer to 2 decimal places, 4.15.25K) Markup percentage 17 %