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Yummy Company produces oatmeal raisin cookies. Costs for producing one batch appear below: Direct materials $8.00 Direct labor $3.00 Variable overhead $1.00 Fixed overhead $4.00
Yummy Company produces oatmeal raisin cookies. Costs for producing one batch appear below: Direct materials $8.00 Direct labor $3.00 Variable overhead $1.00 Fixed overhead $4.00 An outside supplier has offered to produce the cookies for $14 per batch. If Peters decides to buy the cookies, what is the maximum price it should pay?
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