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The Gargus Company, Which Manufactures Projection Equipment, Is Ready to Introduce

question 38

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The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The following data are available for a proposed model:  Variable manufacturing costs $270 Applied fixed manufacturing overhead 135 Variable selling and administrative costs 90 Applied fixed selling and administrative costs 105\begin{array}{lr}\text { Variable manufacturing costs } & \$ 270 \\\text { Applied fixed manufacturing overhead } & 135 \\\text { Variable selling and administrative costs } & 90 \\\text { Applied fixed selling and administrative costs } & 105\end{array} What price will the company charge if the firm uses cost-plus pricing based on total cost and a markup percentage of 30%?

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Definitions:

Disjuncts

Elements within a disjunction, a logical structure where at least one of the parts must be true for the whole to be considered true.

Antecedents

In logic, the conditions or propositions that precede and imply the consequent in a conditional statement.

Consequents

The outcome or result in a hypothetical proposition, typically following the word "then" in an "if...then..." structure.

Tilde

The tilde is a character ( ~ ) used above a letter in some languages to denote a specific pronunciation and in mathematics to indicate equivalence or similarity.

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