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Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a 2 5 % markup on the total cost of the
Pinkin Incorporated needs to determine a price for a new phone model. Pinkin desires a markup on the total cost of the phone. Pinkin expects to sell phones. Additional information is as follows:
tableVariable Costs per Unit,,Fixed Costs totalDirect materials,$ Overhead,$Direct labor, General and administrative,OverheadGeneral and administrative,
Using the total cost method what price should Pinkin charge?
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