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The table below presents the costs incurred by Company JKL for producing 35,000 units of its primary product: Cost Category Amount Direct Materials $70,000 Direct

The table below presents the costs incurred by Company JKL for producing 35,000 units of its primary product:

Cost Category

Amount

Direct Materials

$70,000

Direct Labor

$50,000

Manufacturing Overhead

$65,000

If the company targets an 80% markup on the cost of production, calculate the selling price per unit.

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