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What is its markup percentage

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Question - Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $10, while fixed selling and administrative costs per unit are $3. Crane desires an ROI of $5 per unit. If Crane Co. uses the variable cost-plus approach, what is its markup percentage?

Reference no: EM133019070

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