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Federer Company Has Budgeted the Following Costs for the Production

Question 94

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Federer Company has budgeted the following costs for the production of its only product: Federer Company has budgeted the following costs for the production of its only product: Federer Company has a target profit of $50,000.What is the average target markup percentage for setting prices as a percentage of total variable costs? A) 38% B) 63% C) 79% D) 158% Federer Company has a target profit of $50,000.What is the average target markup percentage for setting prices as a percentage of total variable costs?


A) 38%
B) 63%
C) 79%
D) 158%

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