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Question 6 (7 marks) In your own words, suggest to the Manager of the New Products Division of a mobile phone company about the pricing
Question 6 (7 marks)
- In your own words, suggest to the Manager of the New Products Division of a mobile phone company about the pricing of new products.
Word limit: 250 words (4 marks)
- ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures:
- Variablemanufacturingcost $45
- Appliedfixedoverhead $15
- Variablesellingandadministrativecost $ 10
- Allocatedfixedselling andadministrativecost $18
Required:
Ifthecompany usescost-pluspricingbasedonmanufacturingcosts,determinethemark-uppercentageusedbythecompanytoobtainapriceof$150. (3 marks)
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