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Shocker electrical Alpine, Inc. sells a single product. The following information relates to the year just ended: Number of units sold: 51.000 Variable cost per

Shocker electrical
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Alpine, Inc. sells a single product. The following information relates to the year just ended: Number of units sold: 51.000 Variable cost per unit: $310 Total fixed cost: $2,950,000 Operating income: $5,450,000 Required: A. Compute the company's selling price. (Round your answer to the nearest whole dollar amount.) B. Compute the percentage markup on total cost. (Round your answer to two decimal places.) C. Assume that Alpine desired to change its practice of computing a markup on total cost to a markup on variable cost. If the company wants to hold selling price constant, would the markup percentage increase or decrease? By how much? (Round your answer to two decimal places.) A Selling price B. Total cost C. Markup percentage

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