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During the current year. Ayayai Corporation expects to produce 11,000 units and has budgeted the following net income $363,000. variable costs $1,108,000, and fixed costs

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During the current year. Ayayai Corporation expects to produce 11,000 units and has budgeted the following net income $363,000. variable costs $1,108,000, and fixed costs $102,000. It has invested assets of $1,815,000. The company's budgeted ROI was 209 . What was its budgeted markup percentage using a full-cost approach? Markup percentage %

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