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16. Question 16 of 34 -/1.5 View Policies Current Attempt in Progress Cullumber Co. has variable manufacturing costs per unit of $40, and fixed manufacturing

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Question 16 of 34 -/1.5 View Policies Current Attempt in Progress Cullumber Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $10, while fixed selling and administrative costs per unit are $1. Cullumber desires an ROI of $13 per unit. If Cullumber Co. uses the variable cost-plus approach, what is its markup percentage? 68% 0 40% 28% 70% OO Save for Later Attempts: 0 of 1 used Submit

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