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Sheridan Industries manufactures car radios to be installed in Ford automobiles. The unit variable cost is $40 and the unit fixed cost is $10. The

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Sheridan Industries manufactures car radios to be installed in Ford automobiles. The unit variable cost is $40 and the unit fixed cost is $10. The desired return on investment (ROI) per unit is $18. What is the markup percentage that Sheridan Industries uses to determine the price for each radio produced using a cost-plus pricing method? 30%28%36%50%

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