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The Falling Snow Company is considering production of a lighted world globe that the company would price at a markup of 0.30 above full cost. Management estimates that the variable cost of the globe will be $62 per unit and fixed costs per year will be $240,000. Assuming sales of 1,200 units, what is the full cost of a globe with a 0.30 markup?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9960627

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