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The Following Data Pertain to Lomax Enterprises

Question 35

Multiple Choice

The following data pertain to Lomax Enterprises: The following data pertain to Lomax Enterprises: What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 110%? A) $84. B) $147. C) $210. D) $231. E) Some other amount.
What price will the company charge if the firm uses cost-plus pricing based on absorption manufacturing cost and a markup percentage of 110%?


A) $84.
B) $147.
C) $210.
D) $231.
E) Some other amount.

Correct Answer:

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