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johnnyappleseed johnnyappleseed
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A year ago
Patch Work's product, Patch Supreme, sells for $62.00 and its variable cost is $44.60 while the cost of goods sold per unit is $42.80. What is Patch Work's markup percentage on variable cost and what is its gross margin percentage?

▸ 39%; 31%

▸ 28%; 31%

▸ 39%; 45%

▸ 28%; 45%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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edwardssheedwardsshe
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A year ago
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johnnyappleseed Author
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A year ago
Brilliant ツ
Ifekwunigwe
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Yesterday
Helped a lot
GeorgeNeist
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2 hours ago
You make an excellent tutor!
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