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c. Determine the product cost markup percentage for handbags. d. Determine the selling price of handbags. The selling and administrative expenses are $26,600. The management

c. Determine the product cost markup percentage for handbags. d. Determine the selling price of handbags.

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The selling and administrative expenses are $26,600. The management desires a profit equal to 18% of invested assets of $497,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,210 handbags

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