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Calculate the markup percentage using variable-cost pricing

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Reference no: EM133065985

Question - Sheridan Corporation produces microwave units. The following per-unit cost information is available: direct materials $35; direct labour $24: variable manufacturing overhead $18: fixed manufacturing overhead $43; variable selling and administrative expenses $16; and fixed selling and administrative expenses $26. Its desired ROI per unit is $28.65. Calculate the markup percentage using variable-cost pricing.

Reference no: EM133065985

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