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A furniture manufacturer has an annual overhead cost of P300,000 plus 15% of the sales in pesos. Labor cost of P40.00 per set and the
A furniture manufacturer has an annual overhead cost of P300,000 plus 15% of the sales in pesos. Labor cost of P40.00 per set and the materials cost P25.00 he has a maximum capacity of 1,500 sets per month but expects to produce only 9,000 sets per year. If he could sell all what he expects to produce, how much is the selling price of each set just to break even?
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