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Hen Company has developed a new product, egg crates that prevent breakage. The cost per crate is $55 and the company expects to sell 1000

Hen Company has developed a new product, egg crates that prevent breakage. The cost per crate is $55 and the company expects to sell 1000 crates per year. Hen Company has invested $1250000 in equipment to produce the crates and desires a 12% return on investment. What is Hen Company's selling price for one egg crate? O $112 $205 $120 $325

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