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Strawberry Mansion Company sells its special strawberry pie for $6. The total cost to produce the pie is $6. Of this amount, $2 per unit
Strawberry Mansion Company sells its special strawberry pie for $6. The total cost to produce the pie is $6. Of this amount, $2 per unit is selling costs. The total variable cost is $3. The desired profit is $0 per unit. What is the markup percentage on product cost?
a. 50%
b. 0%
c. 0.50%
d. 99%
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