Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses...

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Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses absorption costing and

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Answer 1

Answer #1

	Per unit
Direct materials	134.00
Direct labor	64.00
Variable overhead	42.00
Fixed overhead	12.00	=192000/16000
Total product cost using absorption costing	252.00
Target profit	100.80	=252*40%
Target selling price	352.80

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Answer 2

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