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[The following information applies to the questions displayed below.] The following data pertain to Lawn...

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Accounting

[The following information applies to the questions displayed below.] The following data pertain to Lawn Master Corporations top-of-the-line lawn mower. Variable manufacturing cost $ 266 Applied fixed manufacturing cost 40 Variable selling and administrative cost 58 Allocated fixed selling and administrative cost ?question mark To achieve a target price of $449 per lawn mower, the markup percentage is 12.3 percent on total unit cost. Required: 1. What is the fixed selling and administrative cost allocat

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