Current Attempt in Progress

Crane Co$.$ has variable manufacturing costs per unit of $$27,$ and fixed manufacturing cost per unit of $$20.$ Variable selling and administrative costs per unit are $$5,$ while fixed selling and administrative costs per unit $$8.$ Maggie desires an ROI of $$12\mathrm{.}38$ per unit. If Crane Co$.$ uses the absorption$-$cost approach, what is its markup percentage?

$10\mathrm{.}32\%$

$54\mathrm{.}00\%$

$20\mathrm{.}63\%$

$30\mathrm{.}95\%$

eTextbook and Media

$$

Attempts: $0$ of $1$ used