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Sanai manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If each unit is sold for $8, what markup percentage is the company using?
A) 60.0%B) 160%C) 75%D) 133%
Given below is information related to copyrights owned by Yaeger Company at December 31, 2004:
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