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Today me 1 message No attachment 8:02 PM No Subject Linwood Company recently began production of a new navigation device, which required a capital investment
Today me 1 message No attachment 8:02 PM No Subject Linwood Company recently began production of a new navigation device, which required a capital investment of $660,000. Linwood is currently considering establishing a selling price for this new device that will ensure a 25% return on the capital investment. The engineering and the sales department compiled the following estimates for producing and selling 77,000 devices: Per Unit Total (77,000 units) Direct Materials $12 Direct Labor $26 Variable Manufacturing Overhead $14 Selling and Administrative Expenses $17 Fixed Manufacturing Overhead $223,000 General and Administrative Expenses $73,000 Required: Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. a) Using t
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