Morales Corporation produces microwave ovens The following

Last updated: 3/9/2023

Morales Corporation produces microwave ovens The following per unit cost information is available direct materials 41 direct labor 21 variable manufacturing overhead 14 fixed manufacturing overhead 53 variable selling and administrative expenses 14 and fixed selling and administrative expenses 26 Its desired ROI per unit is 20 Compute the markup percentage using variable cost pricing Round answer to 2 decimal places e g 10 50 Markup percentage 11 83