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What is the highest acceptable manufacturing cost

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Reference no: EM133230951

Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos. Market research Indicates that these headphones would sell well In the market priced at $34.80 each. Domingo desires an operating profit of 20 percent of costs.

Required:

What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.)

Reference no: EM133230951

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