A company has determined that its product has the following costs: Direct materials $32...
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Accounting
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A company has determined that its product has the following costs:
Direct materials $32
Direct labor $18
Variable overhead $4
Fixed overhead $3
Variable selling $2
Fixed selling $5
The company uses a variable costing (or incremental) approach and has determined that its markup should be 18%. What is the unit selling price?
a. $63.72
b. $75.52
c. $66.08
d. $67.26
A company has determined that its product has the following costs:
Direct materials $32
Direct labor $18
Variable overhead $4
Fixed overhead $3
Variable selling $2
Fixed selling $5
The company uses a variable costing (or incremental) approach and has determined that its markup should be 18%. What is the unit selling price?
| a. | $63.72 | |
| b. | $75.52 | |
| c. | $66.08 | |
| d. | $67.26 |
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