Business, 11.05.2021 21:30 lmgarrabrant8587

Hordel Company needs to determine a markup for a new product. Hordel expects to sell 6,100 units and wants a target profit of $93 per unit. Additional information is as follows: Variable product cost per unit $ 80 Variable administrative cost per unit 35 Total fixed overhead 53,000 Total fixed administrative 11,050 Using the variable cost method, what markup percentage to variable cost should be used

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Hordel Company needs to determine a markup for a new product. Hordel expects to sell 6,100 units and...