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The following per unit information is available for a new product of Sheffield Corp.: Desired ROI $22 Fixed cost 50 Variable cost 60 Total cost

The following per unit information is available for a new product of Sheffield Corp.: Desired ROI $22 Fixed cost 50 Variable cost 60 Total cost 110 Selling price 132 Sheffield Corp.s markup percentage would be:

a) 38%.

b) 17%.

c) 20%.

d) 45%.

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