The new product would require an investment of $1,200,000 on which the company would like to earn a return of 22 percent. The markup using the absorption costing approach would be:
A)93.8%
B)32.6%
C)71.3%
D)57.5%

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The Answer of The new product would require an investment of $1,200,000 on which the company would like to earn a return of 22 percent. The markup using the absorption costing approach would be:
A)93.8%
B)32.6%
C)71.3%
D)57.5%

The New Product Would Require an Investment of $1,200,000 on Which