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Suggest the Manager of the New Products Division of a mobile phone company about the pricing of new products. ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures: Variablemanufacturingcost $45
- Suggest the Manager of the New Products Division of a mobile phone company about the pricing of new products.
- ElectrozLtdhasthefollowingdataconcerninga model electric caritmanufactures:
- Variablemanufacturingcost $45
- Appliedfixedoverhead $15
- Variablesellingandadministrativecost $ 10
- Allocatedfixedsellingandadministrativecost $18
Required:
Ifthecompanyusescost-pluspricingbasedonmanufacturingcosts,determinethemark-uppercentageusedbythecompanytoobtainapriceof$150.
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