Question 8.PMCQ.6: (LO 2) Mystique Co. provides the following information for t...

Managerial Accounting Tools for Business Decision Making [EXP-43601]

(LO 2) Mystique Co. provides the following information for the new product it recently introduced.

Total unit cost	$30
Desired ROI per unit	$10
Target selling price	$40

What would be Mystique Co.’s percentage markup on cost?
a. 125%. c. 33⅓%.
b. 75%. d. 25%.

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