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Using the product cost percentage method, determine the sales price given the following information: 31% Desired product cost percentage Average contribution margin $11.50 Product cost

Using the product cost percentage method, determine the sales price given the following information: 31% Desired product cost percentage Average contribution margin $11.50 Product cost $4.90 A) $15.19 B) $15.81 C) $16.40 D) $21.30

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