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During the current year, Chudrick Corporation expects to produce 11,000 units and has budgeted the following: net income $ 220,000, variable costs $994,000, and fixed
During the current year, Chudrick Corporation expects to produce 11,000 units and has budgeted the following: net income $ 220,000, variable costs $994,000, and fixed costs $106,000. It has invested wetse $1,100,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a tull- cost approach
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