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 UnitDirect materials $20.00Direct labor 13.00Variable factory overhead 15.00Fixed factory overhead 14.00Total costs $62.00The 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?