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Gundy Corporation produces area rugs. The following unit cost information is available: direct materials $18,...

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Accounting

Gundy Corporation produces area rugs. The following unit cost information is available: direct materials $18, direct labor $9, variable manufacturing overhead $5, fixed manufacturing overhead $6, variable selling and administrative expenses $3, and fixed selling and administrative expenses $7. Using a 30% markup on total per unit cost, compute the target selling price.

Use time-and-material pricing to determine bill.

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