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Mercer Corporation estimates that an investment of $650,000 would be necessary to produce and sell 60,000 units of a new product each year. Other costs associated with the new product would be: The company requires a 25% return on the investment in all products. The company uses the absorption costing approach costing to pricing as described in the text.The markup percentage on the new product would be closest to:
Shared Behaviors
Behaviors exhibited by a group that are common and consistent among its members, often fostered through culture or norms.
Norms
Societal, group, or organizational standards of behavior that are considered acceptable and typical.
Values
are deeply held beliefs or standards that influence behavior and decision-making, serving as fundamental principles guiding an individual's or organization's actions.
Visible
Able to be seen; perceptible to the eye.
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