Calculate the manufacturers percent markup on cost

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Within a given distribution channel, the following information is available concerning trade margins and costs. A wholesaler has a unit selling price of $845 and a unit cost of $492. The retailer requires a 49% markup on selling price. The manufacturer has unit variable costs of $299. Calculate the manufacturer's percent markup on cost. Report your answer as a percentage and round to the nearest percent.

Reference no: EM13759426

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