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Required information Eckert Company uses the absorption costing approach to cost-plus pricing to set prices for its products. Based on budgeted sales of 18.000 units
Required information Eckert Company uses the absorption costing approach to cost-plus pricing to set prices for its products. Based on budgeted sales of 18.000 units next year, the unit product cost of a particular product is $60.40. The company's selling. general, and administrative expenses for this product are budgeted to be $370,800 in total for the year, The company. has invested $260,000 in this product and expects a return on investment of 11h. Appendix 12 A) The target seling price based on the absorption costing approsch for this product would be closest to which of the following? Muitiple Choice $182.59 54076 16304
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