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Corrao Company manufactures a part for its production cycle. The costs per unit ...

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Corrao Company manufactures a part for its production cycle. The costs per unit for 10,000 units of the part are as follows:

Per Unit

Direct materials $20.00

Direct labor 13.00

Variable factory overhead 15.00

Fixed factory overhead 14.00

Total costs $62.00

The fixed factory overhead costs are unavoidable. Assuming no other use for the facilities, what is the highest price that Corrao Company should be willing to pay for the part?
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