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The Toofer company had the following cost information when 4,500 units were produced: Overhead costs $9,800 Direct labor costs 16,900 Period costs 7.800 Direct materials
The Toofer company had the following cost information when 4,500 units were produced: Overhead costs $9,800 Direct labor costs 16,900 Period costs 7.800 Direct materials costs 19,200 If the company uses the cost plus approach to pricing and wants to achieve a 20% profit, what price should its set for each of its products? Round your final answer to the nearest penny
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