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Marigold Corporation makes a commercial-grade cooking griddle. The following information is available for Marigold Corporation's...

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Accounting

Marigold Corporation makes a commercial-grade cooking griddle. The following information is available for Marigold Corporation's anticipated annual volume of 32,900 units.

Per Unit Total
Direct materials $18
Direct labor $5
Variable manufacturing overhead $13
Fixed manufacturing overhead $394,800
Variable selling and administrative expenses $7
Fixed selling and administrative expenses $164,500

The company uses a 45% markup percentage on total cost.

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