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Lingood. Inc. manufactures varous Ines of computer equipment and is plannng to introduce a new line of laptops Current plans call for the production and

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Lingood. Inc. manufactures varous Ines of computer equipment and is plannng to introduce a new line of laptops Current plans call for the production and sale of 1,00nts, with estmated costs as folows Variable costs 450, 100, Selling and Administrative Total variable costs Fored costs 550.0 300 180, Seling and Administrative Total foxed costs Total costs 480.0 1,030 ,000 The average amount of capital invested in the laptop product line s $900.000 and Longwood's target return on investment is 18% What price must Longwood charge if the company uses cost-plus pricing based on total varable cost? $1.192 1.030 5712 3900 None of the ansrs is oorrect

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