Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: 
If the company uses cost-plus pricing based on total variable costs, determine the mark-up percentage used by the company to obtain a price of $105.
Definitions:
Prescribed Roles
Socially and culturally defined expectations and duties assigned to individuals or groups, often based on their status, gender, or age.
Cohabitation Rates
The statistical measure of the number of couples living together without being legally married.
Legal
Pertaining to the law or the governance of affairs as recognized and enforced by judicial decision.
Cohabiting Relationships
Non-marital relationships in which two people live together in a sexually intimate relationship without being legally married.
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