Use the Following Information for Questions
Papillon Co -The Markup Percentage Using the Variable-Cost Approach Is
A) 131

Multiple Choice

Use the following information for questions
Papillon Co. has determined the following per unit amounts: $\begin{array}{lrlr}\text { Direct materials } & \$ 30 & \text { Fixed selling and administrative } & \$ 60 \\\text { Direct labor } & 36 & \text { Variable overhead } & 24 \\\text { Desired ROI } & 33 & \text { Variable selling and administrative } & 15 \\\text { Fixed overhead } & 45 & &\end{array}$
-The markup percentage using the variable-cost approach is

A) 131%.
B) 102%.
C) 90%.
D) 80%.