Question
Assume a clinical laboratory is considering a new test. Here are the key assumptions: annual fixed direct costs = $40,000, annual overhead allocation = $10,000,
Assume a clinical laboratory is considering a new test. Here are the key assumptions: annual fixed direct costs = $40,000, annual overhead allocation = $10,000, variable cost per test = $8, and expected volume = 10,000 tests. What price should be set under full cost pricing?
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Microeconomics
Authors: Glenn Hubbard, Anthony O'Brien
7th Edition
0134737504, 978-0134737508
