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Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has a...

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Accounting

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Leno Company makes swimsuits and sells these suits directly to retailers. Although Leno has a variety of suits, it does not make the All-Body suit used by highly skilled swimmers. The market research department believes that a strong market exists for this type of suit. The department indicates that the All-Body suit would sell for approximately $100. Given its experience, Leno believes the All- Body suit would have the following manufacturing costs. $30 Direct materials Direct labor 27 Manufacturing overhead 43 Total costs $100 Assume that Leno uses cost-plus pricing, setting the selling price 29% above its costs. What would be the price charged for the All-Body swimsuit? Selling price 129 e Textbook and Media Attempts: 1 of 4 used (b Assume that on target costing What the price that no would change the retailer for the All Body Sonce What is the highest acceptable manufacturing cost Leno would be willing to incur to produce the All Body swimsuit, iritdesired a prontot $29 per unit? (Assume target casting.) Target cost

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