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Current Attempt in Progress Wildhorse Batteries produces batteries for laptop computers. The following per unit cost information is available: direct materials $37; direct labor

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Current Attempt in Progress Wildhorse Batteries produces batteries for laptop computers. The following per unit cost information is available: direct materials $37; direct labor $29: variable manufacturing overhead $23; fixed manufacturing overhead $41: variable selling & administrative expenses $37; and fixed selling & administrative expenses $42. The desired ROI per unit is $25. Compute the markup percentage using the absorption-cost approach. Markup percentage

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