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Assume a clinical laboratory is considering a new test. Here are the key assumptions: Annual fixed direct costs = $20,000. Annual overhead allocation = $10,000.
Assume a clinical laboratory is considering a new test. Here are the key assumptions:
| Annual fixed direct costs = $20,000. |
| Annual overhead allocation = $10,000. |
| Variable cost per test = $5. |
| Expected volume = 5,000 tests. |
What price should be set under marginal cost pricing?
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Given information Annual fixed direct costs 20000 Annual overhead allocation 10000 assumed to be fix...
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
3rd edition
132890542, 978-0132890540
