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Varlable Cost Concept of Product Pricing Voice Com, inc., produces and selis cellular phones. The costs of producing and selling 7,000 units of cellular phones

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Varlable Cost Concept of Product Pricing Voice Com, inc., produces and selis cellular phones. The costs of producing and selling 7,000 units of cellular phones are as follows: Voice Com desires a profit equal to a 15% rate of return on invested assets of $420,000. Assume that Voice Com, Inc., uses the varfable cost concept of applying the cost-plus approach to product pricing. a. Determine the variable costs and the variable cost amount per unit for the production and sale of 7,000 units of cellular phones. b. Determine the variable cost markup percentage for collular phones. % c. Determine the selling price of cellular phones. Round to the nearest cent. per phone

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