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Sunland Company has gathered the following information for one model of its hiking boots: Variable manufacturing costs $30000 Variable selling and administrative costs $20000 Fixed

Sunland Company has gathered the following information for one model of its hiking boots: Variable manufacturing costs $30000 Variable selling and administrative costs $20000 Fixed manufacturing costs $150000 Fixed selling and administrative costs $120000 Investment $1200000 ROI 36 % Planned production and sales 5000 pairs What is the markup percentage? 864% 136% 135% 240%

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