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Skull Company makes snowboards and uses the total cost method in setting product price....

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Accounting

Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 12,000 units follow. The company targets a 12.0% markup on total cost.

  1. Compute the total cost per unit if 12,000 units are produced.
  2. Compute the dollar markup per unit.
  3. Compute the selling price per unit.

Note: For all requirements, round your final answers to the nearest dollar amounts.



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Exercise 25-11 (Algo) Pricing using total costs LO P6 Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 12,000 units follow. The company targets a 12.0% markup on total cost. 1. Compute the total cost per unit if 12,000 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. Note: For all requirements, round your final answers to the nearest dollar amounts

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