Rios Company makes drones and uses the variable cost method in setting product price. Its...
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Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing units follow. The company targets a profit of $ on this product. Variable Costs per Unit Direct materials $ Direct labor Overhead Selling, general and administrative Fixed Costs total Overhead $ Selling, general and administrative Compute the total variable cost and the markup percentage. Compute the dollar markup per unit on variable cost. Compute the selling price per unit.
Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing units follow. The company targets a profit of $ on this product. Variable Costs per Unit
Direct materials $
Direct labor
Overhead
Selling, general and administrative
Fixed Costs total
Overhead $
Selling, general and administrative
Compute the total variable cost and the markup percentage.
Compute the dollar markup per unit on variable cost.
Compute the selling price per unit.
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