such deviations in writing. The following cost information from the current year accounting records is available:

unit production cost information for the TW Irons:

Required

a$.$ Determine the standard markup for each of the following cost bases.

Note: Round each of your answers below to two decimal places $($for example, enter $2\mathrm{.}34$ for $2\mathrm{.}3555).$

Note: Answers should be entered in decimal form, do not convert to a percentage.

Full costs, including fixed and variable manufacturing costs, and fixed and variable selling and administrative costs.

Manufacturing costs plus variable selling and administrative costs.

Manufacturing costs.

Variable costs.

Variable manufacturing costs.

b$.$ Determine the initial price of a set of TW Irons using the manufacturing cost markup and the variable manufacturing cost markup.

Note: Use the rounded answer from part $($a$)$ in your calculations.

Note: Round your answer to the nearest whole dollar.

Initial price using the manufacturing cost markup: $!$

Initial price using the variable manufacturing cost markup: $$