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Given the following cost information for one unit, what is the desired selling price if Mary needs to implement a 20% markup on full cost
Given the following cost information for one unit, what is the desired selling price if Mary needs to implement a 20% markup on full cost in order to keep her investors satisfied? Variable manufacturing costs $0.50 Fixed manufacturing costs Variable selling costs Fixed selling costs 0.40 Desired selling price $ 0.20 0.55 (Round answer to 2 decimal places, e.g. 15.25.)
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