Magpie Corporation uses the total cost method of product pricing. Below is...
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Accounting
Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of units of its sole product. Magpie desires a profit equal to a return on invested assets of $
Line Item Description Amount
Fixed factory overhead cost $
Fixed selling and administrative costs
Variable direct materials cost per unit
Variable direct labor cost per unit
Variable factory overhead cost per unit
Variable selling and administrative cost per unit
The markup percentage on total cost for Magpie's product is
a
b
c
d
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