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10. Determine the unit cost and then the markup price for hiking shoes using the following information: a. Variable cost per unit: $50 b. Fixed
10. Determine the unit cost and then the markup price for hiking shoes using the following
information:
a. Variable cost per unit: $50
b. Fixed costs: $36,000
c. Expected unit sales: 1,800,000 units
d. Markup (profit margin) 30%
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