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7. Yales Jewery, Inc. is considering a special order of 100 gold bracelets to be given as retirement gifts. The normal selling price of the

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7. Yales Jewery, Inc. is considering a special order of 100 gold bracelets to be given as retirement gifts. The normal selling price of the gold bracelet is $250 and variable product costs are typically $165 per bracelet (\$85 DM, \$60 DL, \$20 VOH). Total company fixed costs are $180,000. The new customer would like engraving done on the bracelet at a cost of $24 per unit and a small diamond attached at a cost of $42 per unit. The company would have to purchase a special engraving machine at a cost of $3,800 that would not be useful for anything else. What price would the company have to charge the new customer to achieve a profit of $5,000 on the order of 100 bracelets

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