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Determine the markup percentage

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Reference no: EM131728322

Question - Kinsey Company has determined the following per unit amounts:

 

Per Unit

Variable manufacturing cost

$164.00

Fixed manufacturing cost

$36.00

Variable selling and administrative expenses

$31.00

Fixed selling and administrative expenses

$13.00

Desired ROI

$17.00

Use the variable-cost approach to determine the markup percentage.

Reference no: EM131728322

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