(Answered) Question - kinsey company has determined the following per

Accounting

Question - Kinsey Company has determined the following per unit amounts:

	Per Unit
Variable manufacturing cost	$164.00
Fixed manufacturing cost	$36.00
Variable selling and administrative expenses	$31.00
Fixed selling and administrative expenses	$13.00
Desired ROI	$17.00

Use the variable-cost approach to determine the markup percentage.

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