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Fird Company manufactures a part for its production cycle. The costs per unit for 10,000 units of this part are as follows: Direct materials $20
Fird Company manufactures a part for its production cycle. The costs per unit for 10,000 units of this part are as follows:
Direct materials $20
Direct labor 15
Variable factory overhead 16
Fixed factory overhead 15
Total costs $66
The fixed factory overhead costs are unavoidable.
Assuming no other use of their facilities, the highest price that Fird Company should be willing to pay for the part is _____.
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