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During the current year, Cullumber Corporation expects to produce 10,000 units and has budgeted the followirge net income $318,000 : variable costs $954,000; and fued

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During the current year, Cullumber Corporation expects to produce 10,000 units and has budgeted the followirge net income $318,000 : variable costs $954,000; and fued costs $371,000. It's irvestment in assets is $1,855,000. The company/s budgeted kO in is 20%. What is its budgeted markup percentage wsing the full-cost approdch? (Round your intermedlate calculations rounded to 2 decimal ploces, eg. 52.75, Round answer to 0 decimal places, eg 20k) Budgeted markup percentage

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