Trace Company uses cost-plus pricing. Assume the company expects to sell 500 chairs. Average assets are $250,000.

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Trace Company uses cost-plus pricing. Assume the company expects to sell 500 chairs. Average assets are $250,000. Variable costs are $80 per unit and total fixed costs are $10,000. The desired profit is 40% of average assets. What is the cost-plus selling price per chair

Posted Date: May 18, 2024 08:10 PM

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Trace Company uses cost-plus pricing. Assume the company expects to sell 500 chairs. Average assets are $250,000.

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