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Reslon Proprietary Limited has launched a beauty product named GlowIt. Below is the cost information of the product. Fixed overheads are R40 000; direct materials

Reslon Proprietary Limited has launched a beauty product named GlowIt. Below is the cost information of the product.

Fixed overheads are R40 000; 

direct materials per unit is R 6; 

direct labour per unit is R39, 

budgeted production 10 000 units. 

If mark-up is 70% of variable cost, determine the unit selling price.

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