The mark-up percentage in the variable cost-plus approach is calculated by dividing the desired ROI/unit plus fixed costs/unit by the variable costs/unit.

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This statement is true. The mark-up percentage is calculated by dividing the desired ROI (return on investment) per unit plus fixed costs per unit by the variable costs per unit. This formula is used in the variable cost-plus pricing approach, which is a common pricing strategy used by businesses.

The Mark-Up Percentage in the Variable Cost-Plus Approach Is Calculated