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The following costs have been estimated based on sales of 19,000 units: Total Annual Costs Percent That Is Variable Direct materials $ 190,000 100 %

The following costs have been estimated based on sales of 19,000 units:

Total Annual Costs Percent That Is Variable
Direct materials $ 190,000 100 %
Direct labor 130,000 100
Manufacturing overhead 130,000 40
Selling and administrative 80,000 20

What selling price will yield a contribution margin of 30%?

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