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Swifty Corporation has variable manufacturing costs per unit of $16, and fixed manufacturing cost per unit is $15. Variable selling and administrative costs per unit
Swifty Corporation has variable manufacturing costs per unit of $16, and fixed manufacturing cost per unit is $15. Variable selling and administrative costs per unit are $4, while fixed selling and administrative costs per unit are $6. Swifty desires an ROI of $5.50 per unit. If Swifty Corporation uses the absorption-cost approach, what is its markup percentage? O 21.15% 50.00% 13.4196 6.71%
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