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Only fill in the blanks. McNulty, Inc., produces desks and chairs. A proft divided by reported produtost new CFO has juat ben hired and announces

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McNulty, Inc., produces desks and chairs. A proft divided by reported produtost new CFO has juat ben hired and announces a new polcy that if a product cannot eam a margin of at least 25 percent,it will be dropped. The margin is computed as product Overhead is allocated to products based on direct labor cost Data for year 1 show the tollowing Required Chan Desks

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