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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

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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: Variable Costs per Unit Fixed Costs (total) Direct materials $ 33 Overhead $ 85,000 Direct labor 58 General and administrative 65,000 Overhead 38 General and administrative 68 Using the total cost method what price should Pinkin charge?

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