=+2 The mark-up rate for pricing jobs is intended to produce operating profit equal to 35% of
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=+2 The mark-up rate for pricing jobs is intended to produce operating profit equal to 35% of revenues. Calculate the mark-up rate as a percentage of direct labour costs.
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Cost Accounting A Managerial Emphasis
ISBN: 9781442563377
2nd Edition
Authors: Monte Wynder, Madhav V. Rajan, Srikant M. Datar, Charles T. Horngren, William Maguire, Rebecca Tan
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