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Ladle Corporation uses the absorption costing approach to cost-plus pricing described in the text to set prices for its products, Based on budgeted product are

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Ladle Corporation uses the absorption costing approach to cost-plus pricing described in the text to set prices for its products, Based on budgeted product are budgeted to be $1,908,000 in total for the year. The company has imvested $272,000 in this product and expects a return on investment of 15%. The thathdp on absorption cest for this product would be closest to

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