Domingo Corporation makes a variety of headphones with logos. The company has discovered a new...
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Accounting
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 $32.40 each. Domingo desires an operating profit of 20 percent of costs.
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What is the highest acceptable manufacturing cost for which Domingo would be willing to produce the headphones? (Round your answer to 2 decimal places.)
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