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Grouper Co. manufactures a standard cabinet for a Blu-ray player. The unit variable cost is $14. The unit fixed cost is $9. The desired ROI

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Grouper Co. manufactures a standard cabinet for a Blu-ray player. The unit variable cost is $14. The unit fixed cost is $9. The desired ROI per unit is $4.60 Compute the markup percentage on total unit cost and the target selling price for the cabinet. (Round target selling price to 2 decimal places, eg. 52.75.) Markup percentage on total unit cost % Target selling price

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