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Firefly Corporation produces outdoor portable fireplace units. The following cost information per unit is available:...

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Accounting

Firefly Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $21, direct labour $26, variable manufacturing overhead $16, fixed manufacturing overhead $22, variable selling and administrative expenses $9, and fixed selling and administrative expenses $15. The companys ROI per unit is $20.
Instructions
Calculate Firefly Corporations markup percentage using (a) absorption-cost pricing and (b) variable-cost pricing.
Calculate various amounts using absorption-cost pricing and variable-cost pricing.

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