Gracius Manufacturing is approached by a European customer to fulfill a one-time-only special order for a product similar to one offered to domestic customers. Gracius Manufacturing has a policy of adding a 10% markup to full costs and currently has excess capacity. The following per unit data apply for sales to regular customers: Variable costs: Direct materials $90 Direct labor 30 Manufacturing overhead 40 Marketing costs 30 Fixed costs: Manufacturing overhead 180 Marketing costs 10 Total costs 380 Markup (10% of total costs) 38 Estimated selling price $418 For Gracius Manufacturing, what is the minimum acceptable price of this one-time-only special order
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Gracius Manufacturing is approached by a European customer to fulfill a one-time-only special order...
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