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Business, 05.03.2020 04:37 Jasten

Calculate the gross profit and cost of goods sold for MBI for fiscal 2019. b. Assume that a new product is developed and that it will cost $1,625 to manufacture. Calculate the selling price that must be set for this new product if its gross profit ratio is to be the same as the average achieved for all products for fiscal 2019. c. From a management viewpoint, what would you do with this information

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Calculate the gross profit and cost of goods sold for MBI for fiscal 2019. b. Assume that a new prod...
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