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Markup percentage on total unit

Livingston Corporation manufactures an electronic
switch for dishwashers. The cost base per unit, excluding
selling and administrative expenses, is $60. The per unit cost of selling and administrative expenses
is $20. The company's desired ROI per unit
is $6.

Calculate its markup percentage on total unit

Solution Preview

The selling price = unit cost + selling and administrative expenses + desired ROI
Selling Price = ...

Solution Summary

The solution explains how to calculate the markup percentage on total unit