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Calculate firefly corporations markup percentage

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Reference no: EM132511058

Fire?y Corporation produces outdoor portable ?replace units. The following cost information per unit is available:

direct materials $23,

direct labour $10,

variable manufacturing overhead $18,

fixed manufacturing overhead $24,

variable selling and administrative expenses $9, and

?xed selling and administrative expenses $15.

The company's ROI per unit is $18.

Question 1: Calculate Firefly Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.)

Reference no: EM132511058

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