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Grassi Company produces high definition television sets. The following information is available for this product: Fixed cost per unit$250 Variable cost per unit750 Markup per
Grassi Company produces high definition television sets. The following information is available for this product:
Fixed cost per unit$250
Variable cost per unit750
Markup per unit300
Grassi Company's markup percentage would be
A. 30%.
B. 120%.
C. 60%.
D. 40%.
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