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Calculate the manufacturing cost markup needed

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Question - Isaac 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: EM131812164

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