-Sunland Corporation produces microwave units. The following per-unit cost information is available: direct materials $37: directlabour $25; variable manufacturing overhead $17;: fixed manufacturing overhead $41: variable selling and administrative expenses$12; and fixed selling and administrative expenses $29. Its desired ROI per unit is $31.92. Calculate the markup percentage usingvariable-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%)Markup percentage%

The variable cost per unit comprises direct materials, direct labor and variable manufacturing…

Answered: -Sunland Corporation produces microwave…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Sunland Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $20, direct labour $14, variable manufacturing overhead $17, fixed manufacturing overhead $24, variable selling and administrative expenses $9, and fixed selling and administrative expenses $16. The company's ROI per unit is $17. (a) Calculate Sunland Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, e.g. 15.25%.) Markup percentage eTextbook and Media Save for Later % (b) The parts of this question must be completed in order. This part will be available when you complete the part above.
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