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Question 16

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Use the following information to answer the following Questions
The Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available:
Use the following information to answer the following Questions The Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copier data are available:    -What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 220%? A)  $396.00 B)  $495.00 C)  $576.00 D)  $643.50 E)  None of the answers is correct.

-What price will the company charge if the firm uses cost-plus pricing based on variable manufacturing cost and a markup percentage of 220%?


A) $396.00
B) $495.00
C) $576.00
D) $643.50
E) None of the answers is correct.

Correct Answer:

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