Question: Show Attempt History Current Attempt in Progress Your answer is incorrect. Crane Co . has variable manufacturing costs per unit of $ 4 0 ,

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Crane Co. has variable manufacturing costs per unit of $40, and fixed manufacturing cost per unit of $20. Variable selling and administrative costs per unit are $10, while fixed selling and administrative costs per unit are $3. Crane desires an ROI of $11 per unit. If Crane Co. uses the variable cost-plus approach, what is its markup percentage?
40%
28%
68%
70%
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