Question: Sheridan Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs Fixed

Sheridan Company has a new product going on the market next year. The following data are projections for production and sales: Variable costs Fixed costs ROI Investment Sales $200000 $400000 55% 110% 30% 165% 30 % $2200000 200000 units What is the markup percentage?

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