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Magpie Corporation uses a total cost concept of product pricing. Magple Corporation Flyer Company Sell Flyer Core Magpie Corporation uses the total cost concept of
Magpie Corporation uses a total cost concept of product pricing.
Magple Corporation Flyer Company Sell Flyer Core Magpie Corporation uses the total cost concept of product pricing, Below is the cost information for the production and sale of 61,900 units of its sole product. Magnie desires a profit equal to a 20% rate of return on invested assets of 5645,000 Fixed factory overhead cost $35,500 Fixed selling and administrative costs 7,800 Variable direct materials cost per unit 5.08 Variable direct labor cost per unit 1.88 Variable factory overhead cost per unit 1.13 Variable selling and administrative cost per unit 4.50 The dollar amount of desired profit from the production and sale of the company's products a. 5129.000 b. 5645,000 C. 525.000 d. S103,200 Previous Nord Step by Step Solution
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