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Calculate the markup percentage using variable-cost pricing

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Reference no: EM132515217

Schuman Corporation produces microwave units. The following per-unit cost information is available:

direct materials $38;

direct labour $26;

variable manufacturing overhead $16;

fixed manufacturing overhead $43;

variable selling and administrative expenses $14; and

fixed selling and administrative expenses $27.

  • Its desired ROI per unit is $30.58.

Question 1: Calculate the markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.)

Reference no: EM132515217

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