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Business, 12.12.2019 05:31 unknownhi

Marvel company estimates that the following costs and activity would be associated with the manufacture and sale of product y: number of units sold annually 30,000 required investment $500,000 unit product cost $29 selling and administrative expenses $222,100 if the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 13% rate of return on investment (roi), the required markup on absorption cost for product y would be closest to:

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