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Calculate the amount of the final price adjustment because of defective pricing. Labor was overpriced by $15,000. Material was underpriced by $10,000. No items have
Calculate the amount of the final price adjustment because of defective pricing. Labor was overpriced by $15,000. Material was underpriced by $10,000. No items have been delivered. How much should the price adjustment be?
Additional information given is that G&A, Material OH, Labor OH, and profit percentages need to be looked up with the minimum percentage number available used.
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