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Custom Shoes Co -What Is the Markup Percentage?
A) 150%
B) 255%
C)

question 99

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Use the following information for questions
Custom Shoes Co. has gathered the following information concerning one model of shoe:  Variable manufacturing costs $40,000 Variable selling and administrative costs $20,000 Fixed manufacturing costs $160,000 Fixed selling and administrative costs $120,000 Investment $1,700,000 ROl 30% Planned production and sales 5,000 pairs \begin{array}{ll}\text { Variable manufacturing costs } & \$ 40,000 \\\text { Variable selling and administrative costs } & \$ 20,000 \\\text { Fixed manufacturing costs } & \$ 160,000 \\\text { Fixed selling and administrative costs } & \$ 120,000 \\\text { Investment } & \$ 1,700,000 \\\text { ROl } & 30 \% \\\text { Planned production and sales } & 5,000 \text { pairs }\end{array}
-What is the markup percentage?

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