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Amarillo Manufacturing Uses a 13% Markup on the Full Unit

Question 55

Multiple Choice

Amarillo Manufacturing uses a 13% markup on the full unit cost of Product X to compute the selling price.The full unit cost of Product X is $850.
Required:
Compute the markup component and the prospective selling price.


A) $95.50;$925.50
B) $110.50;$960.50
C) $115.50;$965.50
D) $120.50;$970.50
E) $125.50;$975.50

Correct Answer:

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