Q15

Pharoah Co. has variable manufacturing costs per unit of $36, and fixed manufacturing cost per unit of $18. Variable selling and administrative costs per unit are $3, while fixed selling and administrative costs per unit $6. Maggie desires an Rol of $12.60 per unit. If Pharoah Co.uses the absorption-cost approach, what is its markup percentage? 8.00% 0 40.00% 28.00% 0 20.00%