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

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Crane Company has gathered the following information concerning one model of shoe: $10000 $10000 Variable manufacturing costs Variable selling and administrative costs Fixed manufacturing costs Fixed selling and administrative costs $160000 $120000 Investment ROI $1500000 30% 5000 pairs Planned production and sales What is the markup percentage? 0 265% 0 2250% O 161% O 150%

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