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ABCD Inc. produces gourmet chocolates. During the month of April, the company incurred the following costs: direct materials $30,000, direct labor $20,000, manufacturing overhead $15,000,

ABCD Inc. produces gourmet chocolates. During the month of April, the company incurred the following costs: direct materials $30,000, direct labor $20,000, manufacturing overhead $15,000, and selling and administrative expenses $10,000. The company produced 2,000 boxes of chocolates during the month. Calculate the total cost per box and the selling price per box if the company wants to earn a 60% markup on total cost.

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