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Linwood Company recently began production of a new navigation device, which required a capital investment of $660,000. Linwood is currently considering establishing a selling price
Linwood Company recently began production of a new navigation device, which required a capital investment of $660,000. Linwood is currently considering establishing a selling price for this new device that will ensure a 25% return on the capital investment. The engineering and the sales department compiled the following estimates for producing and selling 77,000 devices: Required: Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Using the cost plus pricing method, calculate the markup percentage. Full Cost: $
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