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Trinity Company produces a single product and the following data is available to you. The budgeted prime cost per unit = $135 The budgeted manufacturing
Trinity Company produces a single product and the following data is available to you. The budgeted prime cost per unit = $135 The budgeted manufacturing OH costs per month = $20,000 The budgeted production quantity for the year = 1,500 Desired gross margin per unit = $60 What should be the selling price to get the desired gross margin?
A.
$208.33
B.
$220
C.
$295
D.
$355
E.
$195
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