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The Razooks Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available: Variable manufacturing cost $180; Applied fixed manufacturing cost 90; Variable selling and administrative cost 60; Allocated fixed selling and administrative cost 75. What price will the company charge if the firm uses cost-plus pricing based on absorption cost and a markup percentage of 120%?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969307

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