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A product has a prime cost of 43,400. It takes 41 hours to make each unit. The overhead absorption rate is 7.40 per labour

A product has a prime cost of 43,400. It takes 41 hours to make each unit. The overhead absorption rate is 7.40 per labour hour. What should the selling price of the product be if the company's policy is to make a profit of 30% on selling price? Calculate and enter your answer to the nearest E.

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