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Crane produces stackable washing machines and dryers. The following per unit information is available for washing machines: direct materials, $120; direct labor, $96; variable manufacturing
Crane produces stackable washing machines and dryers. The following per unit information is available for washing machines: direct materials, $120; direct labor, $96; variable manufacturing overhead, $84; fixed manufacturing overhead, $134; variable selling and administrative expenses, $72; fixed selling and administrative expenses, $104. Crane desires an ROI per unit of $122. Compute Crane's markup percentage using a total cost approach. Crane's markup percentage 4
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