Question: Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: Variable manufacturing cost $30 Applied fixed overhead $20 Variable selling

Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: Variable manufacturing cost $30 Applied fixed overhead $20 Variable selling and administrative cost $5 Allocated fixed selling and administrative cost $15 if the company uses cost-plus pricing based on absorption costs, determine the mark up percentage used by the company to obtain a price of $120. A. 140% B. 118% C. 71% D. 243% Tots N Style Pty Ltd has the following data concerning a decorator playpen manufactures: Variable manufacturing cost $30 Applied fixed overhead $20 Variable selling and administrative cost $5 Allocated fixed selling and administrative cost $15 If the company uses cost-plus pricing based on full cost, determine the mark-up percentage used by the company to obtain a price of $105. A. 100%. B. 75% C. 50% D. 25%

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