Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: 
If the company uses cost-plus pricing based on variable manufacturing costs, determine the mark-up percentage used by the company to obtain a price of $105.
Definitions:
Competency
An area of personal capability that enables employees to perform their work successfully.
Personal Capability
Refers to an individual's ability to perform tasks, solve problems, and make decisions in work and personal life.
Successfully
Achieving a desired outcome, goal, or objective through effective planning, execution, and performance.
Job Design
The process of organizing tasks, duties, and responsibilities into a productive unit of work to achieve specific objectives.
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