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Question 13 of 13 -/1 View Policies Current Attempt in Progress Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has
Question 13 of 13 -/1 View Policies Current Attempt in Progress Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has a variety of sults, it does not make the All-Body suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the All-Body suit would sell for approximately $100. Given its experience, Leno believes the All Body suit would have the following manufacturing costs. Direct materials Direct labor Manufacturing overhead Total costs $30 27 43 $100 (1) Assume that Lens uses cost plus pricing setting the selling price 29% above its costs What would be the price charged for the All Body swimsuit Selling price $
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