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Red Grass Company produces high definition television sets. The following information is available for this product: Fixed cost per unit $250 Variable cost per unit

Red Grass Company produces high definition television sets. The following information is available for this product:

Fixed cost per unit $250

Variable cost per unit 750

Total cost per unit 1000

Desired ROI per unit 300

Red Grass Company's markup percentage would be

A) 30%.

B) 40%.

C) 60%.

D) 120%.

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