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step by step and answer Product Pricing: Single Product Sue Bee Honey is one of the largest processors of its product for the retail market.
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Product Pricing: Single Product Sue Bee Honey is one of the largest processors of its product for the retail market. Assume that one of its plants has annual fixedt costs totalire 57200000 of which s2700.000 in for administrative and selling efforts. Sales are anticipated to be 800,000 coses a year. Varlable costs for processing are 518 per ease, and warlable seling erpemieer arr 25 percent of selling price. There are no variable administrative expenses. If the company desires a pretax profit of $4,500,000, what is the seling price per case? Round answer to two decimal places. price per case Step by Step Solution
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