Question

Bramble Corp. has gathered the following information concerning one model of shoe: Variable manufacturing costs $52000...

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%

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