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ABC Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $19, direct labour $13, variable manufacturing overhead $17,
ABC Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $19, direct labour $13, variable manufacturing overhead $17, fixed manufacturing overhead $26, variable selling and administrative expenses $11, and fixed selling and administrative expenses $16. The companys ROI per unit is $15. Calculate the markup percentage using the absorption-cost pricing (Omit %)
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