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During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the...

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Accounting

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During the current year, Chudrick Corporation expects to produce 10,000 units and has budgeted the following: net income $200,000, variable costs $891,000, and fixed costs $109,000. It has invested assets of $1,000,000. The company's budgeted ROI was 20%. What was its budgeted markup percentage using a full-cost approach? Markup percentage %

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