Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $28 per unit. Additional information is as follows: Variable Costs per Unit Fixed Costs (total) Direct materials $ 11 Overhead $ 32,200 Direct labor 12 General and administrative 39,200 Overhead 5 General and administrative 14 Using the variable cost method, what markup percentage to variable cost should be used

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: