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Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $84 per

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Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of \$84 per unit. Additional information is as follows: Using the variable cost method, what markup percentage to variable cost should be used? 79.1% 97.2% 93.1\% 90.7% 95.6%

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