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April 16, 2014

Homework Help: Finance

Posted by Anonymous on Saturday, November 26, 2011 at 7:02am.

Sarker manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If each unit is sold for $8, what markup percentage is the company using?

A. 60.0%
B. 160%
C. 75%
D. 133%

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