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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:

Primary Bronchi

The major air passages that diverge from the lower end of the trachea and enter the lungs to facilitate respiration.

Heart

A muscular organ that pumps blood through the circulatory system by rhythmic contractions.

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