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Quality Shoes Co. has gathered the following information concerning one model of shoe: Variable manufacturing costs $50,000 Variable selling and administrative costs $25,000 Fixed manufacturing

Quality Shoes Co. has gathered the following information concerning one model of shoe:

Variable manufacturing costs $50,000

Variable selling and administrative costs $25,000

Fixed manufacturing costs $200,000

Fixed selling and administrative costs $150,000

Investment $2,125,000

ROI 30%

Planned production and sales 5,000 pairs

3, What is the markup percentage?

a. 150%

b. 255%

c. 850%

d. 182%

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