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12 of 15 A factory is producing and selling a product costing 9 fixed cost per unit. Other costs include 4 per unit in material

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12 of 15 A factory is producing and selling a product costing 9 fixed cost per unit. Other costs include 4 per unit in material and 8 per unit in labour. What is the selling price if the factory uses a mark-up percentage of 10% on full cost basis? (Give your answer to 2 decimal places.)

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