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Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $15, direct labor $9, variable manufacturing overhead $4, fixed manufacturing

Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $15, direct labor $9, variable manufacturing overhead $4, fixed manufacturing overhead $9, variable selling and administrative expenses $1, and fixed selling and administrative expenses $10. Using a 31% markup on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.)

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