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Davis Company has estimated the following costs for this year for 240,000 units: Manufacturing Selling and Administrative Variable $150,000 $65,000 Fixed 350,000 135,000 Total $500,000

Davis Company has estimated the following costs for this year for 240,000 units: Manufacturing Selling and Administrative Variable $150,000 $65,000 Fixed 350,000 135,000 Total $500,000 $200,000 Calculate the manufacturing cost markup needed to obtain a target profit of $100,000

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