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Business, 03.12.2019 03:31 noeltan12031

Product cost markup percentage green thumb garden tools inc. produces and sells home and garden tools and equipment. a lawn mower has a total cost of $230 per unit, of which $160 is product cost and $70 is selling and administrative expenses. in addition, the total cost of $230 is made up of $120 variable cost and $110 fixed cost. the desired profit is $58 per unit. determine the markup percentage on product cost. round the answer to nearest whole

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