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Marwicks Pianos, Inc., purchases pianos from a large manufacturer and sells them at the retail level. The pianos cost, on the average, $1,500 each from
Marwicks Pianos, Inc., purchases pianos from a large manufacturer and sells them at the retail level. The pianos cost, on the average, $1,500 each from the manufacturer. Marwicks Pianos, Inc., sells the pianos to its customers at an average price of $3,100 each. The selling and administrative costs that the company incurs in a typical month are presented below:
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