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A product costs $400 to manufacture and $40 to market and $20 to distribute (ship to customers.) R&D costs are allocated at $30 per unit.

A product costs $400 to manufacture and $40 to market and $20 to distribute (ship to customers.) R&D costs are allocated at $30 per unit. Based on a targeted rate of return, manager uses a markup of 20%.

What is the prospective selling price based on a CostPlus pricing approach?

A. $480

B.$552

C. $588

D.$528

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