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RST Inc. produces gourmet chocolates. During the month of January, the company incurred the following costs: direct materials $80,000, direct labor $60,000, manufacturing overhead $40,000,
RST Inc. produces gourmet chocolates. During the month of January, the company incurred the following costs: direct materials $80,000, direct labor $60,000, manufacturing overhead $40,000, and selling and administrative expenses $30,000. The company produced 1,800 boxes of chocolates during the month. Calculate the total cost per box and the selling price per box if the company wants to earn a 45% markup on total cost.
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