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What price will the company charge

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Question - The Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available:

Variable manufacturing cost $190

Variable selling and administrative cost 80

Applied fixed manufacturing cost 70

Allocated fixed selling and administrative cost 90

Required - What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 130%?

Reference no: EM133120780

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