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Calculate the markup bagger will use

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Reference no: EM133108173

Question - Last year, Bagger Company had sales revenue of $1,250,000, direct materials of $240,000, direct labor of $310,700, and overhead of $449,300. Bagger calculates sales price using a markup on cost of goods sold.

Required -

1. Calculate the markup Bagger will use.

2. If a job has manufacturing cost of $43,000, what is Bagger's price?

Reference no: EM133108173

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