Dieckman Company makes a product with the following costs: 
The company uses the absorption costing approach to cost-plus pricing described in the text. The pricing calculations are based on budgeted production and sales of 71,000 units per year.
The company has invested $360,000 in this product and expects a return on investment of 13%.
Direct labor is a variable cost in this company.
-The markup on absorption cost is closest to:
Definitions:
Lifelong Learning
The continuous, voluntary, and self-motivated pursuit of knowledge for personal or professional reasons throughout a person's life.
Career Success
The achievement of personal work goals and gaining recognition in one's professional field.
Career Plan
A strategic plan that outlines an individual's goals, steps, and actions needed to progress professionally over time.
Primary Category
The main or most significant classification into which a subject or object is placed based on its defining characteristics.
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