prnhlam M-1 [Part ,vol Submission) Collapse question part s to set a target...

70.2K

Verified Solution

Question

Accounting

imageimageimage

prnhlam M-1 [Part ,vol Submission) Collapse question part s to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Unit $26 $43 $14 Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,539,000 $4 $891,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 36%. (a) Your answer is correct. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16 Variable cost per unit 87 Fixed cost per unit 30 Total cost per unit Click if you would like to Show Work for this question: Open Show Work

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students