Perwin Corporation estimates that an investment of $660,000 would be needed to produce and sell...
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Perwin Corporation estimates that an investment of $660,000 would be needed to produce and sell 44.000 units of Product Beach year. At this level of activity, the unit product cost would be $30. Selling and administrative expenses would total $669,900 each year. The company uses the absorption costing approach to cost-plus pricing described in the text. If a 15% rate of return on investment is desired, then the required markup for Product B would be closest to: (Do not round intermediate calculations.) Multiple Choice 50.75% 15.00% 49.25% 58.25%
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