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Red Grass Company

Multiple Choice

Use the following information for questions
Red Grass Company produces high definition television sets. The following information is available for this product: $$\begin{array} { l r } \text { Fixed cost per unit } & \$ 250 \\\text { Variable cost per unit } & 750 \\\text { Total cost per unit } & 1,000 \\\text { Desired ROl per unit } & 300\end{array}$$
-Red Grass Company's markup percentage would be

A) 30%.
B) 40%.
C) 60%.
D) 120%.