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Sheridan Company has gathered the following information concerning one model of shoe: $30000 $30000 $160000 Variable manufacturing costs Variable selling and administrative costs Fixed manufacturing

Sheridan Company has gathered the following information concerning one model of shoe: $30000 $30000 $160000 Variable manufacturing costs Variable selling and administrative costs Fixed manufacturing costs Fixed selling and administrative costs Investment ROI Planned production and sales $120000 $1700000 30% 5000 pairs What is the markup percentage? 268% 150% 850% 182

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