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The following data pertain to Quigley Enterprises:

Variable manufacturing cost $60; Variable selling and administrative cost 10; Applied fixed manufacturing cost 30; Allocated fixed selling and administrative cost 5. What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 60%?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M969304

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