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The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available: Variable manufacturing
The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available:
Variable manufacturing cost | $ 185 |
Applied fixed manufacturing cost | 95 |
Variable selling and administrative cost | 65 |
Allocated fixed selling and administrative cost | 80 |
What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 120%?
$550.00.
$759.00.
$616.00.
$935.00.
None of these.
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