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During the current year, Martinez Corporation expects to produce 11,000 units and has budgeted the following net income $286,000. variable costs $1,325,000, and fuxed costs

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During the current year, Martinez Corporation expects to produce 11,000 units and has budgeted the following net income $286,000. variable costs $1,325,000, and fuxed costs $105,000. It has invested assets of $1,430,000, The companys budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage

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