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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 t 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 t 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 $221.10 $227.50 $195.10 $207.50 $226.25

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