Question: Putin Pty Ltd has the following data concerning a set ofrussiandolls it manufactures: If the company uses cost-plus pricing based on variable manufacturing costs, determine

Putin Pty Ltd has the following data concerning a set ofrussiandolls it manufactures:

If the company uses cost-plus pricing based on variable manufacturing costs, determine the mark-up percentage used by the company to obtain a price of $105.

Select one:

200%

350%

250%

300%

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