Develop a company and determine what it will produce and sell. The requirement for this company is that it be a high-end, special-order type of manufactured product.
Develop a list of inputs along with their associated costs, such as labor, materials, and overhead. You can research this information, make it up, or do a combination of both. Be specific as to costs.
You are to determine the selling price. Show your calculations, and discuss why you have determined this to be a good sale price.
Please devote at least 1 paragraph to the ethical considerations of costing methods.
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