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Each month, Santiago Company has $ 4 3 0 , 0 0 0 total manufacturing costs ( 4 0 % fixed ) and $ 8

Each month, Santiago Company has $430,000 total manufacturing costs (40% fixed) and $850,000 distribution and marketing costs (20% fixed). Santiagos monthly sales are $2,900,000.
The markup percentage on full cost to arrive at the target (existing) selling price is __________

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