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Business, 24.06.2020 17:01 orlando19882000

Madison Co. manufactures a part for its production cycle. The costs per unit for 38,000 units of this part are as follows: Direct materials $3 Direct labor $5 Variable factory overhead $4 Fixed factory overhead $3 The fixed factory overhead costs are unavoidable. Assuming no other use of their facilities, the highest price that Madison Co. should be willing to pay for the part is:

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