Rios company makes drones and uses variable cost method in setting product price. It's cost...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Rios company makes drones and uses variable cost method in setting product price. It's cost for producing 26000 units follow. The company targets a profit of $306,000 on this product. Direct materials are $76, direct labor is $46, Overhead is $31 and Selling, general and administrative cost are $21. Compute the total variable cost and markup percentage, compute the dollar markup per unit on variable cost, compute the selling price per unit
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: Zin AI - Your personal assistant for all your inquiries!
