Assume a clinical laboratory is considering a new test here, Financial Management

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Assume a clinical laboratory is considering a new test here

Assume a clinical laboratory is considering a new test. Here are the key assumptions: annual fixed direct costs = $20,000, annual overhead allocation = $10,000, variable cost per test = $5, and expected volume = 5,000 tests. What price should be set under marginal cost pricing?

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Financial Management: Assume a clinical laboratory is considering a new test here

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Financial Management: Assume a clinical laboratory is considering a new test here

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