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Seibel Products manufactures chairs. The company has a policy of adding a 20% markup to full costs, and they currently have excess capacity. The following

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Seibel Products manufactures chairs. The company has a policy of adding a 20% markup to full costs, and they currently have excess capacity. The following information pertains to the company's normal operations per month: Seibel Products is approached by an overseas customer to fulfill a one-time-only special order for 2,000 units. All cost relationships remain the same except for a one-time setup charge of $20,000. No additional design, marketing, or distribution costs will be incurred. What is the minimum acceptable bid per unit on this one-time-only special order? $80.85 $56.00 557,38 $6738 $111.13

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