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Acme Global has a product that sells for $50,000. The company wants to make a 10% profit on the sales price. It takes 100 hr

Acme Global has a product that sells for $50,000. The company wants to make a 10% profit on the sales price. It takes 100 hr of labor by 10 workers (10 hr each) to make the product. Materials cost $10,000 and overhead costs $1,500. What would be the hourly pay for the 10 workers who put the product together if they all make the same amount of money

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