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Jasmine Products Co. has predicted the following costs for this year for 150,000 units: Manufacturing Variable Fixed Total $130,000 110,000 $240.000 Selling and Administrative $70,000

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Jasmine Products Co. has predicted the following costs for this year for 150,000 units: Manufacturing Variable Fixed Total $130,000 110,000 $240.000 Selling and Administrative $70,000 : 50.000 $120,000 Calculate the markup on variable costs needed to achieve a target profit of $140,000. Select one: a. 150% Db 1209 c. 140% 160%

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