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Question 8.PMCQ.5: (LO 2) Adler Company is considering developing a new product...

(LO 2) Adler Company is considering developing a new product. The company has gathered the following information on this product.

Expected total unit cost $25
Estimated investment for new product $500,000
Desired ROI 10%
Expected number of units to be produced and sold 1,000

Given this information, the desired markup percentage and selling price are:
a. markup percentage 10%; selling price $55.
b. markup percentage 200%; selling price $75.
c. markup percentage 10%; selling price $50.
d. markup percentage 100%; selling price $55.

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