Question: The material cost for a product is $ 2 , 5 3 9 The labor cost is $ 1 , 7 8 7 The manufacturing

The material cost for a product is $2,539
The labor cost is $1,787
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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