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During the current year. Pina Colada Corporation expects to produce 9,000 units and has budgeted the following: net income $ 198,000. variable costs $ 894,000,

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During the current year. Pina Colada Corporation expects to produce 9,000 units and has budgeted the following: net income $ 198,000. variable costs $ 894,000, and fixed costs $96.000. It has invested assets of $ 990,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage %6

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