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    Markup percentage on total unit

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    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 cost.

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    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.