Judith Vending Company has invested $1,290,000 in a plant to make vending machines. The target...
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Judith Vending Company has invested $1,290,000 in a plant to make vending machines. The target operating income desired from the plant is $322,500 annually. The company plans annual sales of 1500 vending machines at a selling price of $1100 each.
What is the cost base of each vending machine for Judith Vending Company?
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