Question: The following is cost and production data for the Wave Darter: * Based on planned monthly production of 42 units (or 504 units per year).

The following is cost and production data for the Wave Darter:

The following is cost and production data for the Wave Darter: * Based on planned monthly production of 42 units (or 504 units per year). tRounded The target profit is $43,000, with planned sales equal to production. 2. Use the general formula for determining a markup percentage to compute the required markup percentage using absorption manufacturing cost. Note: Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34 )

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