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Q 45 Wildhorse Industries manufactures car radios to be installed in Ford automobiles. The unit variable cost is $40 and the unit fixed cost is

Q 45

Wildhorse Industries manufactures car radios to be installed in Ford automobiles. The unit variable cost is $40 and the unit fixed cost is $10. The desired return on investment (ROI) per unit is $11. What is the markup percentage that Wildhorse Industries uses to determine the price for each radio produced using a cost-plus pricing method? O 21% O 50% O 22% O 13%

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