What markup percentage is the company using

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Reference no: EM13288412

Sanai manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If each unit is sold for $8, what markup percentage is the company using?

A) 60.0%
B) 160%
C) 75%
D) 133%

Reference no: EM13288412

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