Question: Brief Exercise 8 -5 During the current year , Mast Corporation expects to produce to , 400 units and has budgeted the following . net

Brief Exercise 8 -5 During the current year , Mast Corporation expects to produce to , 400 units and has budgeted the following . net income* BRET, BITE ; variable costs $1, 101, God; and fixed costs $TUG,DUO . It has invested assets of $1, 48 8, 200 . The company's budgeted RIOI was 18% . What was it's budgeted markup percentage using a full- cost approach ? ( Found answer to 2 decimal places , E .J. 10. 50.)

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