A manufacturing company produces and sells 40,000 units of a single product. Variable costs total…

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A manufacturing company produces and sells 40,000 units of a single product. Variable costs total $80,000 and fixed costs total $120,000. If unit is sold for $8, what markup percentage is the company using?
A) 60%
B) 160%
C) 75%
D) 133%

A manufacturing company produces and sells 40 000 units of a

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