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Question - Simon Company manufactures furniture as per customer specifications. Simon has decided to price its jobs at the cost of direct materials and direct labor plus 30%. The job for an accounting firm included the following costs:
Direct materials $33,000
Direct labor 4,000
Calculate the price charged by Simon Company to the accounting firm.
a. $47,100
b. $40,100
c. $48,100
d. $42,900
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