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Flounder Corporation produces area rugs. The following unit cost information is available: direct materials $17, direct labor $9, variable manufacturing overhead $7, fixed manufacturing overhead

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Flounder Corporation produces area rugs. The following unit cost information is available: direct materials $17, direct labor $9, variable manufacturing overhead $7, fixed manufacturing overhead $5, variable selling and administrative expenses $3, and fixed selling and administrative expenses $7. Using a 35% markup on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.) Target selling price

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