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You Give Love a Baa'd Name produces wool sweaters for punk rockers. It has variable manufacturing costs per unit of $22 and fixed manufacturing cost
You Give Love a Baa'd Name produces wool sweaters for punk rockers. It has variable manufacturing costs per unit of $22 and fixed manufacturing cost per unit is $13. Variable selling and administrative costs per unit are $6, while fixed selling and administrative costs per unit are $6. The Company desires an ROI of $7.88 per unit. Using the absorption-cost approach, what is the markup percentage?
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