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What is the markup percentage

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Question1 : Maggie Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit is $20. Variable selling and administrative costs per unit are $10, while fixed selling and administrative costs per unit $1. Maggie desires an ROI of $13 per unit. If Maggie Co. uses the variable cost-plus approach, what is its markup percentage?

Reference no: EM132510578

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