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Serena Company Has Budgeted the Following Costs for the Production

Question 55

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Serena Company has budgeted the following costs for the production of its only product: Serena Company has budgeted the following costs for the production of its only product: Serena Company has a target profit of $50,000.What is the average target markup percentage for setting prices as a percentage of variable manufacturing costs? A) 24% B) 69% C) 94% D) 158% Serena Company has a target profit of $50,000.What is the average target markup percentage for setting prices as a percentage of variable manufacturing costs?


A) 24%
B) 69%
C) 94%
D) 158%

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