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Sheridan Corporation makes a mechanical stuffed alligator. The following information is available for Sheridan Corporation's expected annual volume of 500,000 units: The company has a
Sheridan Corporation makes a mechanical stuffed alligator. The following information is available for Sheridan Corporation's expected annual volume of 500,000 units: The company has a desired ROl of 25%. It has invested assets of $24,400,000. (a) Using absorption-cost pricing, calculate the markup percentage (Round answer to 2 decimal places, eg. 15.25\%) Markup percentage eTextbook and Media (b) Attempts: 3 of 3 used Using variable-cost pricing, calculate the markup percentage. (Round answer to 2 decimal ploces, eg. 15.25\%.)
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