Kay Corporation manufactures a fiber optic connector. The variable cost per unit is $15. The fixed cost

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Kay Corporation manufactures a fiber optic connector.

The variable cost per unit is $15. The fixed cost per unit is $9. The company's desired ROI per unit is $3. Compute the markup percentage using variable-cost pricing.


Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Managerial Accounting Tools for business decision making

ISBN: 978-0470477144

5th edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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