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Marwick's Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of $ 1 , 4 8 4 per unit and then sells
Marwick's Pianos, Incorporated, purchases pianos from a large manufacturer for an average cost of $ per unit and then sells them to retail customers for an average price of $ each. The company's selling and administrative costs for a typical month are presented below:
tableCostsCost FormulaSelling:$ per monthAdvertising$ per month, plus of salesSales salaries and commissions,$ per piano soldDelivery of pianos to customers,$ per monthUtilities$ per monthDepreciation of sales facilities,Administrative:$ per monthExecutive salaries,$ per monthInsurance$ per month, plus $ per piano soldClerical$ per month
During August, Marwick's Pianos, Incorporated, sold and delivered pianos
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