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Pauley Company needs to determine a markup for a new product Pouley expects to sell 15,000 units and wants a target profit of $26 per

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Pauley Company needs to determine a markup for a new product Pouley expects to sell 15,000 units and wants a target profit of $26 per unit. Additional information is as follows: Variable costs per Unit Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 10 Overhead 11 General and administrative 4 13 $ 26,650 33,650 Using the variable cost method, what markup percentage to variable cost should be used? Multiple Choice 69% 74% O 90% 7996 O 78%

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