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Tots N Style Pty Ltd Has the Following Data Concerning

question 39

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Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures:   If the company uses cost-plus pricing based on absorption costs, determine the mark-up percentage used by the company to obtain a price of $120. A)  140% B)  118% C)  71% D)  243%
If the company uses cost-plus pricing based on absorption costs, determine the mark-up percentage used by the company to obtain a price of $120.


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