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Morales corporation produces microwave units

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BE8-4 Morales Corporation produces microwave units. The following per unit cost infor- mation is available: direct materials $36; direct labor $24; variable manufacturing over- head $18; fixed manufacturing overhead $40; variable selling and administrative expenses

$14; and fixed selling and administrative expenses $28. Its desired ROI per unit is $30. Compute its markup percentage using a total-cost approach.

Reference no: EM131130077

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