Business, 31.03.2020 00:19 cesarcastellan9

Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $36, direct labor $26, variable manufacturing overhead $19, fixed manufacturing overhead $44, variable selling and administrative expenses $15, and fixed selling and administrative expenses $20. Its desired ROI per unit is $30.40. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e. g. 10.50%.)

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Morales Corporation produces microwave ovens. The following per unit cost information is available:...

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