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Question 2 (1 point) The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of
Question 2 (1 point)
The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0.30 above full cost. Management estimates that the variable cost of the globe will be $62 per unit and fixed costs per year will be $240,000.
Assuming sales of 1,200 units, what is the full selling price of a globe with a 0.30 markup?
Round to two decimal places.
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