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The following per unit information is available for a new product of Concord Corporation: Desired ROI.$23 Fixed cost...32 Variable cost..60 Total cost92 Selling price..115 Concord

The following per unit information is available for a new product of Concord Corporation:

Desired ROI…………………….$23

Fixed cost………………………...32

Variable cost……………………..60

Total cost…………………………92

Selling price……………………..115

Concord Corporation’s markup percentage would be

25%.

20%.

28%.

52%.

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