Yakking Co.manufactures mobile cellular equipment and develops a price for the product by using the variable cost concept.Yakking incurs variable costs of $1,900,000 in the production of 100,000 units while fixed costs total $50,000.The company employs $4,725,000 of assets and wishes to earn a profit equal to a 10% rate of return on assets.
Round your markup percentage to one decimal place,and other intermediate calculations and final answer to two decimal places.
Definitions:
Prostacyclin
A potent vasodilator and inhibitor of platelet aggregation produced by the endothelial cells of blood vessels.
Fibrinogen
A soluble plasma protein that is converted into fibrin during blood clotting, playing a critical role in wound healing.
Fibrin
A protein formed during blood clotting that is essential for wound healing, creating a fibrous mesh that impedes blood flow.
Coagulation
The process by which blood changes from a liquid to a gel, forming a blood clot, which is an essential mechanism to prevent excessive bleeding when the vascular system is injured.
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