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Based on the data presented in 25-18 assume that Smart Stream Inc. use the variable...

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Accounting

Based on the data presented in 25-18 assume that Smart Stream Inc. use the variable cost concept of applying the cost-plus approach to approach to product pricing.

Determine the variable costs and the variable cost amount per unit for the production and sale of 10,000 cellular phones.

Determine the variable cost markup percentage (rounded to two decimal places) for cellular phones.

Determine the selling price of cellular phone. Round to the nearest dollar.

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