ions --/1 Question 12 ences View Policies orations Current Attempt in Progress PLUS Support Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $39, direct labor $28, variable manufacturing overhead $12, fixed manufacturing overhead $40, variable selling and administrative expenses $13, and fixed selling and administrative expenses $28. Its desired ROI per unit is $28.80. Compute its markup percentage using a total- cost approach. (Round answer to 2 decimal places, e-g. 10.50 %.) Central ce 365 ges Zza Markup percentage 8:46 PM शी 11/18/2019 hp ins prt sc ho ll 12 home end m to 44 delete backspace lock 7 home
ions --/1 Question 12 ences View Policies orations Current Attempt in Progress PLUS Support Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $39, direct labor $28, variable manufacturing overhead $12, fixed manufacturing overhead $40, variable selling and administrative expenses $13, and fixed selling and administrative expenses $28. Its desired ROI per unit is $28.80. Compute its markup percentage using a total- cost approach. (Round answer to 2 decimal places, e-g. 10.50 %.) Central ce 365 ges Zza Markup percentage 8:46 PM शी 11/18/2019 hp ins prt sc ho ll 12 home end m to 44 delete backspace lock 7 home
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:ions
--/1
Question 12
ences
View Policies
orations
Current Attempt in Progress
PLUS Support
Morales Corporation produces microwave ovens. The following per
unit cost information is available: direct materials $39, direct labor
$28, variable manufacturing overhead $12, fixed manufacturing
overhead $40, variable selling and administrative expenses $13,
and fixed selling and administrative expenses $28. Its desired ROI
per unit is $28.80. Compute its markup percentage using a total-
cost approach. (Round answer to 2 decimal places, e-g. 10.50 %.)
Central
ce 365
ges
Zza
Markup percentage
8:46 PM
शी
11/18/2019
hp
ins
prt sc
ho ll
12
home
end
m
to
44
delete
backspace
lock
7
home
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