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Schuman corporation produces microwave units the following

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Schuman Corporation produces microwave units. The following per-unit cost information is available: direct materials $37; direct labour $22; variable manufacturing overhead $16; fixed manufacturing overhead $44; variable selling and administrative expenses $16; and fixed selling and administrative expenses $29. Its desired ROI per unit is $29. Calculate the markup percentage using variable-cost pricing.

Reference no: EM13486126

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