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Product Cost Markup Percentage Apex Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $72 per unit, of which

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Product Cost Markup Percentage Apex Lighting Inc. produces and sells lighting fixtures. An entry light has a total cost of $72 per unit, of which $35 is product cost and $37 is selling and administrative expenses. In addition, the total cost of $72 is made up of $43 variable cost and $29 fixed cost. The desired profit is $6 per unit. Determine the markun nerrentane on nroduct cost Rnund the answer to nearest whole number. Incorrect

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