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What price will Magic Fun charge

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Reference no: EM133027174

Question - Magic Fun has total fixed costs of $4,000,000 and total variable cost of $2,000,000 during a month when it sold 200,000 units. What price will Magic Fun charge if it uses cost-plus pricing and a markup of 20%?

a. $30.00

b. $24.00

c. $36.00

d. $48.00

Reference no: EM133027174

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