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Compute the Markup percentage using the total cost approach

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Reference no: EM133182850

Question - Carla Vista Company has invested $2,880,000 in assets to produce 9,600 units of its finished product. Carla Vista's budget for the year is as follows: net income, $432,000; variable costs, $2,304,000; fixed costs, $96,000.

Required -

1. Compute the Budgeted ROI.

2. Compute the Markup percentage using the total cost approach.

Reference no: EM133182850

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