Cullumber Corporation makes a mechanical stuffed alligator. The following information is available for Cullumber Corporation's expected annual volume of 500,000 units: Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Unit Total $16 7 11 6 $400,000 180.000 The company has a desired ROI of 30%. It has invested assets of $24,300,000. V

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Using absorption-cost pricing, calculate the markup percentage. (Round answer t
Markup percentage
11.6 %
Using variable-cost pricing, calculate the markup percentage. (Rou
Markup percentage
11.6
%
Transcribed Image Text:Using absorption-cost pricing, calculate the markup percentage. (Round answer t Markup percentage 11.6 % Using variable-cost pricing, calculate the markup percentage. (Rou Markup percentage 11.6 %
Cullumber Corporation makes a mechanical stuffed alligator. The following information is available for Cullumber Corporation's
expected annual volume of 500,000 units:
Direct materials
Direct labour
Variable manufacturing overhead
Fixed manufacturing overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
Per Unit
$16
7
11
6.
Total
$400,000
180,000
The company has a desired ROI of 30%. It has invested assets of $24,300,000.
Transcribed Image Text:Cullumber Corporation makes a mechanical stuffed alligator. The following information is available for Cullumber Corporation's expected annual volume of 500,000 units: Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Per Unit $16 7 11 6. Total $400,000 180,000 The company has a desired ROI of 30%. It has invested assets of $24,300,000.
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