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Hensely Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost. Based on annual

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Hensely Company, which produces and sells a small digital clock, bases its pricing strategy on a 25 percent markup on total cost. Based on annual production costs for 17,000 units of product, computations for the sales price per clock follow: Unit-level costs Fixed costs Total cost (a) Markup (a

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