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Compute the markup percentage using variable-cost pricing

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Question - Swifty Corporation produces microwave ovens. The following per unit cost information is available: direct materials $28, direct labor $25, variable manufacturing overhead $12, fixed manufacturing overhead $55, variable selling and administrative expenses $15, and fixed selling and administrative expenses $28. Its desired ROI per unit is $29. Compute the markup percentage using variable-cost pricing.

Reference no: EM132341965

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