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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 S102 per
Hordel Company needs to determine a markup for a new product Hordel expects to sell 5,000 units and wants a target profit of S102 per unit Additional Information is as follows: Variable costs per Unit Direct materials Direct labor Overhead General and administrative Fixed costs (total) $ 29 Overhead 50 General and administrative 30 31 $ 53,680 42,6ee Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 70.14 o 88.23 B4.18 O 81.79 B6 6N
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