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Pritchard Company manufactures a product that has a variable cost of $30 per unit. Fixed costs total $1,500,000, allocated on the basis of the number of units produced. Selling price is computed by adding a 20% markup to full cost. How much should the selling price be per unit for 300,000 units?

(a) $35

(b) $42

(d) $49

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Accounting Basics, Accounting

Category:- Accounting Basics
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