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Seaco Products produced 10,000 gears with the following unit costs: variable manufacturing costs $21, fixed manufacturing overhead $6, variable selling and administrative expenses $3, and

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Seaco Products produced 10,000 gears with the following unit costs: variable manufacturing costs $21, fixed manufacturing overhead \$6, variable selling and administrative expenses $3, and fixed selling and administrative expenses $4. The company has a desired ROI per unit of $10 and has invested assets of $415,000. Compute the absorption-cost pricing markup percentage. (Round answer to 2 decimal places (e.8. 25.02).) Absorption-cost pricing markup percentage

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