Hordel Company needs to determine a markup for a new product. Hordel expects to sell...
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Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,600 units and wants a target profit of $88 per unit. Additional information is as follows: Variable product cost per unit $ 75 Variable administrative cost per unit 30 Total fixed overhead 48,000 Total fixed administrative 11,920 Using the variable cost method, what markup percentage to variable cost should be used
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