Business
Business, 04.05.2021 22:40, BEEFYTACO

Pinkin Inc. needs to determine a price for a new phone model. Pinkin desires a 20% markup on the total cost of the phone. Pinkin expects to sell 44,000 phones. Additional information is as follows: Variable product cost per unit $77
Variable administrative cost per unit 65
Total fixed overhead 96,000
Total fixed administrative 80,000

Required:
Using the total cost method what price should Pinkin charge?

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Answers: 3

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