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Crane Corporation produces microwave units. The following per - unit cost information is available: direct materials $ 3 7 ; direct labour $ 2 3
"Crane Corporation produces microwave units. The following perunit cost information is available: direct materials $; direct labour $; variable manufacturing overhead $; fixed manufacturing overhead $; variable selling and administrative expenses $; and fixed selling and administrative expenses $ Its desired ROI per unit is $ Calculate the markup percentage using variablecost pricing. Round answer to decimal places, eg
Markup percentage
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