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Assume markup percentage equals desired profit divided by total costs. What is the correct calculation to determine the dollar amount of the markup per unit?

Assume markup percentage equals desired profit divided by total costs. What is the correct calculation to determine the dollar amount of the markup per unit?

Select one:

a. Total cost per unit times markup percentage per unit.

b. Total cost per unit divided by markup percentage per unit.

c. Total cost times markup percentage.

d. Markup percentage divided by total cost.

e. Markup percentage per unit divided by total cost per unit.

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