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If the target profit is $60 000 for an annual volume of 480 units, the total annual fixed costs are $168,000 and the total variable

If the target profit is $60 000 for an annual volume of 480 units, the total annual fixed costs are $168,000 and the total variable cost per unit is $450, then what is the mark-up percentage on full cost?

a.51.4%

b.15.6%

c.105.6%

d.13.5%

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