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Sunland Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs $362500 Fixed
Sunland Company has a new product going on the market next year. The following data are projections for production and sales:
Variable costs | $362500 |
Fixed costs | $450000 |
ROI | 14% |
Investment | $2900000 |
Sales | 290000 units |
What would the markup percentage be if only 240000 units were sold and Brislin still wanted to earn the desired ROI?
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