According to the textbook,for the typical manufacturing firm,material costs account for between __________ percent of revenues depending on the industry.

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Material costs for the typical manufacturing firm can account for between 50-70 percent of revenues, depending on the industry. This range reflects the significant portion of revenue that is allocated to the cost of materials necessary for production in various manufacturing sectors.

According to the Textbook,for the Typical Manufacturing Firm,material Costs Account