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Garcia Company sells snowboards. Each snowboard requires direct materials of $113, direct labor of $43, variable overhead of $58, and variable selling, general, and administrative
Garcia Company sells snowboards. Each snowboard requires direct materials of $113, direct labor of $43, variable overhead of $58, and variable selling, general, and administrative costs of $16. The company has fixed overhead costs of $661,000 and fixed selling, general, and administrative costs of $130,000. It expects to produce and sell 11,300 snowboards. What is the selling price per unit if Garcia uses a markup of 15% of total cost?
what is selling price
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