Q16

Current Attempt in Progress Cullumber Co has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $10, while fixed selling and administrative costs per unit are $1. Cullumber desires an ROI of $19 per unit. If Cullumber Co. uses the variable cost-plus approach, what is its markup percentage? 50% 40% O 100% 80