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Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of

Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 524000 units. Per Unit Total Direct materials $6 Direct labor $11. Variable manufacturing overhead $17 Fixed manufacturing overhead $3,144000 Variable selling and administrative expenses 17 Fixed selling and administrative expenses $1,572000 The company has a desired ROI of 25%. It has invested assets of $31440000 1.) using absorption-cost pricing,compute the markup percentage absorption-cost pricing markup percentage

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