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Business, 25.01.2020 02:31 forschoolok123456789

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 23,000 required investment $430,000 unit product cost $22 selling and administrative expenses $109,060 if the company uses the absorption costing approach to cost-plus pricing described in the text and desires a 17% rate of return on investment (roi), the required markup on absorption cost for product y would be closest to:

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