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    Minimum bid price

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    The Hughes Company is involved in a competitive bidding situation. Variable costs related to the project total $290,000. and allocated fixed overhead is $95,000. What cost figure should be used in setting a minimum bid price if Hughes has excess capacity?

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    https://brainmass.com/business/finance/calculating-the-minimum-bid-price-with-excess-capacity-219162

    Solution Summary

    The solution explains how to calculate the minimum bid price with excess capacity.

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