please answet the following question thanks Calculate markup percentage using absorption-cost pricing and variable-costpricing.E9.32 (LO 3, 4) Firefly Corporation produces outdoor portable fireplace units. Thefollowing cost information per unit is available: direct materials $21, direct labour $26,variable manufacturing overhead $16, fixed manufacturing overhead $22, variableselling and administrative expenses $9, and fixed selling and administrative expenses$15. The company's ROI per unit is $20.InstructionsCalculate Firefly Corporation's markup percentage using (a) absorption-cost pricingand (b) variable-cost pricing.

In order to take the pricing decisions, and formulating policies regarding cost of a product, a…

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Calculate Firefly Corporation's markup percentage using (a) absorption-cost pricing and (b) variable-cost pricing.

Managerial Accounting: The Cornerstone of Business Decision-Making

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ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter2: Basic Managerial Accounting Concepts

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please answet the following question thanks

Calculate markup percentage using absorption-cost pricing and variable-cost
pricing.
E9.32 (LO 3, 4) 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 company's ROI per unit is $20.
Instructions
Calculate Firefly Corporation's markup percentage using (a) absorption-cost pricing
and (b) variable-cost pricing.

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