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Oriole Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $32000 Variable selling and administrative costs $28000 Fixed manufacturing costs

Oriole Company has gathered the following information concerning one model of shoe: Variable manufacturing costs $32000 Variable selling and administrative costs $28000 Fixed manufacturing costs $160000 Fixed selling and administrative costs $120000 Investment $1700000 ROI 30% Planned production and sales 5000 pairs What is the markup percentage?

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