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It costs Macintosh company $600 for a 25-pound bag of widgets. The average cost per hour of labor is $20.50. It will take Macintosh 5.5
It costs Macintosh company $600 for a 25-pound bag of widgets. The average cost per hour of labor is $20.50. It will take Macintosh 5.5 pounds of widgets and four hours labor to fill an order from Apple.
Referring to the above, how much does Macintosh charge for a gross profit margin of 40 percent?
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