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Rasin Products has a new product going on the market next year. The following data are projections for production and sales: Variable costs $270,000 Fixed

Rasin Products has a new product going on the market next year. The following data are projections for production and sales:

Variable costs	$270,000
Fixed costs	$450,000
ROI	12%
Investment	$1,800,000
Sales	200,000 units

What is the markup percentage?

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