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Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin

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Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional Information Is as follows: Using the total cost method what price should Pinkin charge? Multiple Choice $256.10 $26250 $230.10 $24250 $261.25

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