Answer the following question(s) using the information below.Welch Manufacturing is approached by a European customer to fulfill a one-time-only special order for a product similar to one offered to domestic customers.Welch Manufacturing has a policy of adding a 10% markup to full costs and currently has excess capacity.The following per unit data apply for sales to regular customers:
-If the European customer wanted a long-term commitment for supplying this product, what price would most likely be quoted?
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