Question: Using the data in BE8-4, Compute the markup percentage using absorption-cost pricing. Data From BE8-4 Morales Corporation produces microwave units. The following per unit cost

Using the data in BE8-4, Compute the markup percentage using absorption-cost pricing.

Data From BE8-4

Morales Corporation produces microwave units. The following per unit cost information is available: direct materials $36; direct labor $24; variable manufacturing overhead $18; fixed manufacturing overhead $40; variable selling and administrative expenses $14; and fixed selling and administrative expenses $28. Its desired ROI per unit is $30. Compute its markup percentage using a total-cost approach.

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