Question: DO NOT COPY FROM ANOTHER CHEGG. Please use the numbers provided. Do not just copy and paste from another chegg question. Thumbs up for doing

DO NOT COPY FROM ANOTHER CHEGG. Please use the numbers provided. Do not just copy and paste from another chegg question. Thumbs up for doing so. Thanks!

The material cost for a product is $2602 The labor cost is $1697

The manufacturing overhead is $1200 SG&A is apportioned at $700

The required profit is 15% of total costs.

What is the appropriate price? Round to the nearest penny, if applicable.

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