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Tots N Style Pty Ltd Has the Following Data Concerning

Question 21

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Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: Tots N Style Pty Ltd has the following data concerning a decorator playpen it manufactures: If the company uses cost-plus pricing based on absorption costs, determine the mark-up percentage used by the company to obtain a price of $120. A) 140% B) 118% C) 71% D) 243%
If the company uses cost-plus pricing based on absorption costs, determine the mark-up percentage used by the company to obtain a price of $120.


A) 140%
B) 118%
C) 71%
D) 243%

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