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Tarjee World View is considering production of a lighted world globe that the company would price at a markup of 20 percent above full cost.

Tarjee World View is considering production of a lighted world globe that the company would price at a markup of 20 percent above full cost. Management estimates that the variable cost of the globe will be $70 per unit and fixed costs per year will be $240,000.

(a) DONT NEED A ANSWERED ONLY NEED B ANSWER HELP THANKS!

Your answer is correct.

Assuming sales of 1,200 units, what is the full cost of a globe, and what is the price with a 20 percent markup?(Round answers to 2 decimal places, e.g. 15.25.)

Full cost of globe$ 270 is the correct answer

Price with 20 percent markup$ 324 is the correct answer

ANSWER B PLEASE >>>>>>>>>>>>>

(b) Assume that the quantity demanded at the price calculated in part a is only 600 units. What is the full cost of the globe, and what is the price with a 20 percent markup?(Round answers to 2 decimal places, e.g. 15.25.) Full cost of a globe$____________ Price with 20 percent markup$_______________ 

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