Absorption$-$Cost and Variable$-$Cost Pricing: Variable$-$Cost Pricing $-$ Knowledge Check

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Knowledge Check

Seaco Products produced $10,000$ gears with the following unit costs: variable manufacturing costs $$22,$ fixed manufacturing overhead $$4,$ variable selling and administrative expenses $$3,$ and fixed selling and administrative expenses $$4.$ The company has a desired $RO$ I per unit of $$10$ and has invested assets of $$440,000.$ Compute the variable$-$cost pricing markup percentage. $($Round answer to $2$ decimal places $($e$.$g$.,25\mathrm{.}02).)$

Variable$-$cost pricing markup percentage

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