Swifty Corporation has a new product going on the market next year. The following data...

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Swifty Corporation has a new product going on the market next year. The following data are projections for production and sales: Product costs $400,000 Period costs $160,000 ROI 20% Investment $2,200,000 Sales 200,000 units What is the markup percentage used in absorption cost pricing? 50% 66.7% 100% 150

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