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Williams Company Has Budgeted the Following Costs for the Production

Question 54

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Williams Company has budgeted the following costs for the production of its only product: Williams Company has budgeted the following costs for the production of its only product: Williams Company has a target profit of $50,000.What is the average target markup percentage for setting prices as a percentage of total costs? A) 19% B) 40% C) 47% D) 68% Williams Company has a target profit of $50,000.What is the average target markup percentage for setting prices as a percentage of total costs?


A) 19%
B) 40%
C) 47%
D) 68%

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