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The New Product Would Require an Investment of $1,200,000 on Which

Question 77

Multiple Choice

The new product would require an investment of $1,200,000 on which the company would like to earn a return of 22 percent. The markup using the absorption costing approach would be:


A) 93.8%
B) 32.6%
C) 71.3%
D) 57.5%

Correct Answer:

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