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Calculate the manufacturing cost markup

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Reference no: EM131811878

Question - Davis Company has estimated the following costs for this year for 240,000 units:

Manufacturing  Selling and Administrative

Variable $150,000 $65,000

Fixed 350,000 135,000

Total $500,000 $200,000

Calculate the manufacturing cost markup needed to obtain a target profit of $100,000.

Reference no: EM131811878

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