Maggie Co Has Variable Manufacturing Costs Per Unit of $20, and and Fixed

Multiple Choice

Maggie Co. has variable manufacturing costs per unit of $20, and fixed manufacturing cost per unit is $10. Variable selling and administrative costs per unit are $5, while fixed selling and administrative costs per unit are $2. Maggie desires an ROI of $8 per unit. If Maggie Co. uses the variable-cost approach, what is its markup percentage?

A) 30%
B) 50%
C) 80%
D) 100%