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Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 6 4 , 7 0

Magpie Corporation uses the total cost method of product pricing. Below is cost information for the production and sale of 64,700 units of its sole product. Magpie desires a profit equal to a 22% return on invested assets of $566,000.
\table[[Fixed factory overhead cost,$39,400
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