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The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed
The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed model:
Variable manufacturing costs | $ | 350 | |
Applied fixed manufacturing overhead | 175 | ||
Variable selling and administrative costs | 130 | ||
Applied fixed selling and administrative costs | 145 |
What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 70%?
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