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he Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available: Variable manufacturing
he Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available:
Variable manufacturing cost | $ | 189 | |
Variable selling and administrative cost | 99 | ||
Applied fixed manufacturing cost | 69 | ||
Allocated fixed selling and administrative cost | 84 | ||
What price will the company charge if the firm uses cost-plus pricing based on total manufacturing cost and a markup percentage of 175%?
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