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Add steps, please, and thank you! company's target gross profit percentage is 40%. The company's current monthly cost of production is $1,560,000. of this cost,

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Add steps, please, and thank you!

company's target gross profit percentage is 40%. The company's current monthly cost of production is $1,560,000. of this cost, 40% is for labor, 30% is for materials, and 30% is for overhead. Required: constant). Maximum new cost of P2 overhead materials: $

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