Chapter 11) Loft Lake Cabinets is approached by Ms. Jenny Zhang, a new customer, to...
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Chapter 11) Loft Lake Cabinets is approached by Ms. Jenny Zhang, a new customer, to fulfill a large one-time-only special order for a product similar to one offered to regular customers. The following per unit data apply for sales to regular customers: Direct materials $20 Direct labor $50 Variable manufacturing support $30 Fixed manufacturing support $20 Total manufacturing costs $120 Markup (50%) $60 Targeted selling price $180 Loft Lake Cabinets has no excess capacity. For Loft Lake Cabinets, what is the minimum acceptable price per unit of this one-time-only special order such that accepting the order does not affect net income
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