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Concord Corporation produces area rugs. The following unit cost information is available: direct materials $19, direct labor $5, variable manufacturing overhead $6, fixed manufacturing overhead
Concord Corporation produces area rugs. The following unit cost information is available: direct materials $19, direct labor $5, variable manufacturing overhead $6, fixed manufacturing overhead $7, variable selling and administrative expenses $3, and fixed selling and administrative expenses $6. Using a 35% markup on total per unit cost, compute the target selling price.
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