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Problem:

A company has $45 per unit in variable costs and $1,200,000 per year in fixed costs. Demand is estimated to be 108,000 units annually.

Required:

Question: What is the price if a markup of 40% on total cost is used to determine the price?

Note: Please answer in proper manner and show all computations

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91174221

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