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A manufacturing company produces custom furniture. During the month of April, the company incurred the following costs: direct materials $80,000, direct labor $120,000, manufacturing overhead

A manufacturing company produces custom furniture. During the month of April, the company incurred the following costs: direct materials $80,000, direct labor $120,000, manufacturing overhead $60,000, and selling and administrative expenses $40,000. The company produced 2,000 units of furniture during the month. Calculate the total cost per unit and the selling price per unit if the company wants to earn a 40% markup on total cost.

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