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Question 4 of 9 -/1 E View Policies Current Attempt in Progress Morales Corporation produces microwave ovens. The following per unit cost information is available:

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Question 4 of 9 -/1 E View Policies Current Attempt in Progress Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $40, direct labor $26. variable manufacturing overhead $15, fixed manufacturing overhead $38, variable selling and administrative expenses $16, and fixed selling and administrative expenses $25. Its desired ROI per unit is $27.20 Compute its markup percentage using a total cost approach. (Round answer to 2 decimal places, eg, 10.50%) Markup percentage % eTextbook and Media Save for Later Attempts: 0 of 3 used Submit

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