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What is its markup percentage

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Question - Sheridan Co. has variable manufacturing costs per unit of $38, and fixed manufacturing cost per unit of $17. Variable selling and administrative costs per unit are $3, while fixed selling and administrative costs per unit $9. Maggie desires an ROI of $6.70 per unit. If Sheridan Co. uses the absorption-cost approach, what is its markup percentage?

Reference no: EM133055105

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