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Pinkin Inc. needs to determine a price for a new phone model, Pinkin desires a...

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Accounting

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Pinkin Inc. needs to determine a price for a new phone model, Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit $ 75 50 Total fixed overhead 85,e00 Total fixed administrative 65,000 Using the total cost method what price should Pinkin charge? Saved Multiple Choice $156.10 $162.50 $130.10 $142.50 $161.25 Next 19 of 20 Prev Pauley Company needs to determine a markup for a new product. Pauley expects to sell 15,000 units and wants a target profit of $22 per unit. Additional information is as follows Variable product cost per unit $ 19 Variable administrative cost per unit 11 Total fixed overhead 13,500 21,e00 Total fixed administrative Using the variable cost method, what markup percentage to variable cost should be used? Saved Multiple Choice 71% 76% 92% 81% 80%

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