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Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $20, direct labor $25, variable manufacturing overhead $14,

Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $20, direct labor $25, variable manufacturing overhead $14, fixed manufacturing overhead $21, variable selling and administrative expenses $9, and fixed selling and administrative expenses $11. The company's ROI per unit is $24.

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Exercise 22-19 (Part Level Submission) Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $20, direct labor $25, variable manufacturing overhead $14, fixed manufacturing overhead $21, variable selling and administrative expenses $9, and fixed selling and administrative expenses $11. The company's ROI per unit is $24. (a) x Your answer is incorrect. Try again. Compute Rap Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 10.50.) Absorption-cost pricing markup percentage Attempts: 2 of 5 used

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