Isaac company has estimated the following costs for this

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Isaac Company has estimated the following costs for this year for 240,000 units:

  • Manufacturing
  • Selling and
  • Administrative
  • Variable $150,000 $65,000
  • Fixed 350,000 135,000
  • Total $500,000 $200,000

Calculate the manufacturing cost markup needed to obtain a target profit of $100,000.

Reference no: EM13599748

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