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Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,260 handbags is as follows: The selling and
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,260 handbags is as follows: The selling and administrative expenses are $28,200. The management desires a profit equal to 14% of invested assets of $499,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,260 handbags. $ b. Determine the product cost per unit for the production of 1,260 handbags. $ per unit c. Determine the product cost markup percentage for handbags. % d. Determine the selling price of handbags. Round your answers to nearest whole value
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