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Assume that a company uses the absorption costing approach to cost-plus pricing, It is considering the introduction of a new product. To determine a selling

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Assume that a company uses the absorption costing approach to cost-plus pricing, It is considering the introduction of a new product. To determine a selling price, the company has gathered the following informaton: The selling price that the company would establish using a markup percentage on absorption cost is closest to: Multigle Chaice $4750 $43.50 5+5.50 539.00

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