Swifty Corporation produces area rugs. The following unit cost information is available: direct materials $$15,$ direct labor $$8,$ variable manufacturing overhead $$6,$ fixed manufacturing overhead $$9,$ variable selling and administrative expenses $$3,$ and fixed selling and administrative expenses $$4.$ Using a $35\%$ markup on total per unit cost, compute the target selling price.

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To compute the target selling price with a 35 markup on the total per unit cost we ... View the full answer