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Yakking Company manufactures an elite cellular phone. Yakking incurs $1,900,000 the production of 10,000 units while fixed costs total $50,000. The company supplies $4,725,000 of
Yakking Company manufactures an elite cellular phone. Yakking incurs $1,900,000 the production of 10,000 units while fixed costs total $50,000. The company supplies $4,725,000 of assets and wishes to use a profit equal to 10% rate of return on assets. a. compute a markup percentage based on variable cost b. Determine a selling price
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