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Jessie Industries makes large waste storage bins and sells them for $ 1 5 0 each. The manufacturing cost of each bin is as follows:Direct
Jessie Industries makes large waste storage bins and sells them for $ each. The manufacturing cost of each bin is as follows:Direct material$Direct labour$Manufacturing overhead$The manufacturing overhead is variable and fixed. The company receives an order for bins which will cost an additional $ in shipping costs per bin. The company has sufficient excess capacity to produce the order.a What are the variable manufacturing overhead costs for each bin?b What is minimum price Jessie should charge for each bin?
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