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Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $15, direct labor $8. variable manufacturing overhead $6, fixed manufacturing
Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $15, direct labor $8. variable manufacturing overhead $6, fixed manufacturing overhead $9. variable selling and administrative expenses $3, and fixed selling and administrative expenses $4. Using a 35% markup on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, eg. 10.50.) Target selling price
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