Question: Step 3: Markup Pricing Suppose IPS uses markup pricing for Android01. Fixed costs are $4.5 million, and for a level of production of 300 units,

Step 3: Markup Pricing

Suppose IPS uses markup pricing for Android01. Fixed costs are $4.5 million, and for a level of production of 300 units, the variable cost-per-unit is $48,000.

Question 3: What is the price of the Android01 at 30 percent markup over full cost?

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