Based on the data presented in Exercise 24-15, assume that DirectCall Company uses the variable cost concept

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Based on the data presented in Exercise 24-15, assume that DirectCall Company uses the variable cost concept of applying the cost-plus approach to product pricing.

Based on the data presented in Exercise 24-15, assume that

a. Determine the variable costs and the cost amount per unit for the production and sale of 4,000 units of mobile phones.
b. Determine the markup percentage (rounded to two decimals) for mobile phones.
c. Determine the selling price of mobile phones. Round to the nearestdollar.

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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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