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NEW QUESTION: 1
Refer to the exhibit.

The following costs apply to batch 325, which consists of 10000 units of identical products:
The company charges selling and administration costs at a rate of 20% of production costs and wishes to achieve a profit margin of 20% of sales.
What is the required selling price per unit of product?
Answer:
Explanation:
Give your answer to 2 decimal places.
£14.81