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The Svenson Furniture Company sells a popular coffee table that comes unassembled and includes three baskets to into the lower part of the assembled table. The Company plans on having a yield of 150 tables per week. The percentage of good quality tables is 80%. It costs $38.5 to manufacture one table. Of the defective tables, 70% can be reworked at an additional cost of $7.6.
What is the product cost? Enter your answer WITHOUT $. So type in, as an example, 45.67 NOT $45.67.
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