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The following per unit information is available for a new product of Blue Ribbon Company who uses total cost-plus pricing: Desired ROI $24 Fixed cost
The following per unit information is available for a new product of Blue Ribbon Company who uses total cost-plus pricing:
Desired ROI | $24 |
Fixed cost | 40 |
Variable cost | 80 |
Total cost | 120 |
Selling price | 144 |
Blue Ribbon Company's markup percentage would be
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