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Business, 30.07.2021 03:40 samueltaye
Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $30, direct labor $20, variable manufacturing overhead $16, fixed manufacturing overhead $42, variable selling and administrative expenses $18, and fixed selling and administrative expenses $24. Its desired ROI per unit is $27.00. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e. g. 10.50%.)
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Morales Corporation produces microwave ovens. The following per unit cost information is available:...
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