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Pauley Company needs to determine a markup for a new product. Pauley...

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Accounting

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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 31,000 units and wants a target profit of $23 per unit. Additional information is as follows: 28 Variable product cost per unit Variable administrative cost per unit 23 11 8 01:32:37 Total fixed overhead 29,500 48,000 Total fixed administrative Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 65% 65% 28 70% 01:32:32 86% 75% 74%

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