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The Shine Company, which manufactures projection equipment, Is ready to Introduce a new line of portable projectors. The following data are avallable for a proposed

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The Shine Company, which manufactures projection equipment, Is ready to Introduce a new line of portable projectors. The following data are avallable for a proposed model: What price will the company charge If the firm uses cost-plus pricing based on absorption cost and a markup percentage of 135% ? Multiple Choice $1,537.50. $1,128.00. $937.50. None of these answer choices is correct. $723.00

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