Getty company manufactures a product


Getty Company manufactures a product that has a variable cost of %50 per unit. Fixed costs total $1,000,000 and are allocated on the basis of the number of units produced. Selling price is computed by adding a 10% markup to full cost of the product.How much should the selling price per unit be for the 100,000 units. Show calculations.

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Accounting Basics: Getty company manufactures a product
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