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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $60 per

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Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $60 per unit. Additional information is as follows: Using the variable cost method, what markup percentage to variable cost should be used? 73% 52% 57% 61% 62%

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