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Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per
Crane 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 $2. Crane desires an ROI of $15 per unit. If Crane Co. uses the variable cost-plus approach, what is its markup percentage? O 85% 34% O 45% 74%
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