Essay
Moon Company uses the variable cost concept of applying the cost-plus approach to product pricing. The costs and expenses of producing and selling 75,000 units of Product T are as follows:
Moon desires a profit equal to a 18% rate of return on invested assets of $1,440,000.
Round your markup percentage to one decimal place and other intermediate calculations and final answer to two decimal places.
Correct Answer:

Verified
Correct Answer:
Verified
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