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MSAASUPPLEMENTMarking Formula Page 9MSAASUPPLEMENT May 2015 Issue 80ContentsWelcomeContentsThanks for taking the time to read the official web publication of the Minnesota State Auctioneers Association.
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Marking formula is a set method or calculation used to determine the value or percentage of marking on a product.
Manufacturers or importers of products are typically required to file marking formula.
Marking formula can be filled out by providing specific details and calculations related to the marking of a product as per required guidelines.
The purpose of marking formula is to ensure accurate marking of products for identification, pricing, and other purposes.
Information such as product details, measurements, calculations, and any other relevant data related to marking must be reported on marking formula.
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