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

question 3

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 absorption-cost approach is

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

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Definitions:

Species Ranges

The geographical areas where individual species are found, influenced by factors like climate, habitat, and ecological competition.

Marine Animals

Organisms that live in saltwater environments, including oceans, seas, and coral reefs, and exhibit diverse adaptations for survival in such habitats.

Hot Spots

Geographic locations with significantly higher temperatures and biodiversity, often associated with volcanic activity.

Endemic

Refers to a species or condition that is native and restricted to a certain geographical area, not found naturally elsewhere.