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Indigo Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following...

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Accounting

Indigo Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available
for Indigo Corporation's anticipated annual volume of 491,000 units.
The company has a desired ROI of 25%. It has invested assets of $25,532,000.Using absorption-cost pricing, compute the markup percentage. (Round answer to 2 decimal places, e.g.10.50%.)
Absorption-cost pricing markup percentage
%
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