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Calculate its markup percentage using a total cost approach

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Reference no: EM133022901

Question - Schuman Corporation produces microwave units. The following per-unit cost information is available: direct materials $35; direct labour $24; variable manufacturing overhead $19; fixed manufacturing overhead $42; variable selling and administrative expenses $13; and fixed selling and administrative expenses $28. Its desired ROI per unit is $30.59. Calculate its markup percentage using a total cost approach.

Reference no: EM133022901

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