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Cain Manufacturing Produces 40,000 Clocks at a Total Cost of $908,000.Total

Question 92

Multiple Choice

Cain Manufacturing produces 40,000 clocks at a total cost of $908,000.Total fixed costs are $408,000.If Cain increases production by 20% and uses a 50% markup, how much will the selling price per unit be?


A) $49.35
B) $21.00
C) $31.50
D) $34.05

Correct Answer:

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