Question: Brief Exercise 159 Future Adhesives Inc. uses the variable-cost approach to determine target selling prices. A special adhesive used in the aerospace industry has the

Brief Exercise 159 Future Adhesives Inc. uses the variable-cost approach to

Brief Exercise 159 Future Adhesives Inc. uses the variable-cost approach to determine target selling prices. A special adhesive used in the aerospace industry has the following per unit data: desired ROI $30; fixed manufacturing overhead $25; and fixed selling & administrative costs $35. The markup percentage is 150%. Compute the target selling price. Target selling price s

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