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Schuman Corporation produces microwave units. The following per-unit cost information is available: direct materials $34; direct labour $22; variable manufacturing overhead $16; fixed manufacturing overhead

Schuman Corporation produces microwave units. The following per-unit cost information is available: direct materials $34; direct labour $22; variable manufacturing overhead $16; fixed manufacturing overhead $40; variable selling and administrative expenses $12; and fixed selling and administrative expenses $26. Its desired ROI per unit is $28. Calculate the markup percentage using variable-cost pricin

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