What is the highest acceptable manufacturing cost

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Reference no: EM132634342

Domingo Corporation makes a variety of headphones with logos. The company has discovered a new market for wireless headphones with logos. Market research indicates that these headphones would sell well in the market priced at $25.00 each. Domingo desires an operating profit of 25 percent of costs.

Required:

Problem 1: What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.)

Reference no: EM132634342

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