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5. (TCO 7) Pritchard Cornpany manufactures a product that has a variable cost of $30 per unit. Fixed costs total allocated on the basis

5. (TCO 7) Pritchard Cornpany manufactures a product that has a variable cost of $30 per unit. Fixed costs total allocated on the basis of the number of units produced. Selling price is computed by adding a 20% markup to full cost. How much should the selling price be per unit for 300,000 units?

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