Green Corporation produces microwave units. The following per unit cost information is available: direct materials $36; direct labor $24; variable manufacturing overhead $18; fixed manufacturing overhead $42; variable selling and administrative expenses $14; and fixed selling and administrative expenses $28. Its desired ROI per unit is $30. Compute the markup percentage using absorption cost pricing. (Round answer to 0 decimal places, e.g. 10.)

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 5EB: Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following...
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Green Corporation produces microwave units. The following per unit
cost information is available: direct materials $36; direct labor $24;
variable manufacturing overhead $18; fixed manufacturing overhead
$42; variable selling and administrative expenses $14; and fixed selling
and administrative expenses $28. Its desired ROI per unit is $30.
Compute the markup percentage using absorption cost pricing. (Round
answer to 0 decimal places, e.g. 10.)
Transcribed Image Text:Green Corporation produces microwave units. The following per unit cost information is available: direct materials $36; direct labor $24; variable manufacturing overhead $18; fixed manufacturing overhead $42; variable selling and administrative expenses $14; and fixed selling and administrative expenses $28. Its desired ROI per unit is $30. Compute the markup percentage using absorption cost pricing. (Round answer to 0 decimal places, e.g. 10.)
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