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Problem:

Sosa Company has $39 per unit variable costs and $1,900,000 per year fixed costs. Demand is estimated to be 138,000 units annually.

Required:

Question: What is the price if markup of 35% on total cost is used to determine the price?

Note: Please provide through step by step calculations.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91174205

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