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Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials...

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Accounting

Gundy Corporation produces area rugs. The following per unit cost information is available: direct materials $15, direct labor $8, variable manufacturing overhead $5, fixed manufacturing overhead $5, variable selling and administrative expenses $2, and fixed selling and administrative expenses $5. Using a 37% markup on total per unit cost, compute the target selling price. (Round answer to 2 decimal places, e.g. 10.50.)

Target Selling price = ??

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