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Blossom Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $21, direct labour $12, variable manufacturing overhead $17,
Blossom Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $21, direct labour $12, variable manufacturing overhead $17, fixed manufacturing overhead $25, variable selling and administrative expenses $10, and fixed selling and administrative expenses $16. The companys ROI per unit is $13. Calculate Blossom Corporations markup percentage using variable-cost pricing.
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