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Crane Company has gathered the following information concerning one model of shoe: $10000 $10000 $160000 Variable manufacturing costs Variable selling and administrative costs Fixed manufacturing

Crane Company has gathered the following information concerning one model of shoe: $10000 $10000 $160000 Variable manufacturing costs Variable selling and administrative costs Fixed manufacturing costs Fixed selling and administrative costs Investment ROI Planned production and sales $120000 $1500000 30% 5000 pairs What is the markup percentage? 2250% 265% 161% 150%

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