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Required: Determine the dollar contribution each of the three alternatives will add to Miami Industries before-tax profit. If Kaytell makes Miami Industries a counteroffer, what
Required:
- Determine the dollar contribution each of the three alternatives will add to Miami Industries before-tax profit.
- If Kaytell makes Miami Industries a counteroffer, what is the lowest price Miami should accept for the reworked machinery from Kaytell? Explain your answer.
- Discuss the influence fixed manufacturing-overhead cost should have on the sales price quoted by Miami Industries for special orders.
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