Bramble Corp. has gathered the following information concerning
one model of shoe:
Variable manufacturing costs | $52000 |
Variable selling and administrative costs | $48000 |
Fixed manufacturing costs | $160000 |
Fixed selling and administrative costs | $120000 |
Investment | $1900000 |
ROI | 30% |
Planned production and sales | 5000 pairs |
What is the markup percentage?
269%
204%
570%
150%
(Please UPVOTE the answer, Thank you in advance)
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