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Hordel Company need to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $110
Hordel Company need to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $110 per unit. Additional information is as follows Variable Costs per Unit Direct materials $ 33 Overhead Direct labor 54 General and administrative Overhead 14 General and administrative 35 Using the variable cost method, what markup percentage to variable cost should be used Mite Ches 0 BON 0 $52,640 41,660
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