Variable cost per unit | |
Direct material | $ 26 |
Direct labor | $ 44 |
Variable manufacturing overheads | $ 15 |
Variable cost per unit | $ 85 |
Variable cost per unit | $ 85.00 |
Fixed cost per unit (1377000/81000) | $ 17.00 |
Total cost per unit | $ 102.00 |
Target selling
price per unit
Total cost per unit | $ 102.00 |
Markup @40% of the cost | $ 40.80 |
Selling price | $ 142.80 |
Desired ROI per unit:
Selling price | $ 142.80 |
Cost of goods sold | $ 102.00 |
Gross profit | $ 40.80 |
Less: | |
Variable selling and administrative expense | $ 5.00 |
Fixed selling and administrative expense (1053000/81000) | $ 13.00 |
Selling cost per unit | $ 18.00 |
Desired ROI per unit (40.80-22.80) | $ 22.80 |
Cost per unit when 60,750 produced and sold:
Variable cost per unit (26+44+15) | $ 85.00 |
Fixed cost per unit (1377000/60750) | $ 22.67 |
Total cost per unit | $ 107.67 |
National Corporation needs to set a target price for its newly designed product M14-M16. The following...
National Corporation needs to set a target price for its newly designed product M14–M16. The following data relate to this new product. Per Unit Total Direct materials $26 Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,053,000 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....
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Unit Direct materials $21 Direct labor $46 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,200,000 Variable selling and administrative expenses $8 Fixed selling and administrative expenses $ 1,200,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price. The...
National Corporation needs to set a target price for its newly designed product M14–M16. The following data relate to this new product. Per Unit Total Direct materials $23 Direct labor $38 Variable manufacturing overhead $12 Fixed manufacturing overhead $1,343,000 Variable selling and administrative expenses $ 7 Fixed selling and administrative expenses $ 1,027,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price....
National Corporation needs to set a target price for its newly designed product M14–M16. The following data relate to this new product. Per Unit Total Direct materials $30 Direct labor $44 Variable manufacturing overhead $11 Fixed manufacturing overhead $1,264,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,106,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price....
National Corporation needs to set a target price for its newly designed product M14–M16. The following data relate to this new product. Per Unit Total Direct materials $30 Direct labor $44 Variable manufacturing overhead $11 Fixed manufacturing overhead $1,264,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,106,000 These costs are based on a budgeted volume of 79,000 units produced and sold each year. National uses cost-plus pricing methods to set its target selling price....
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Unit 527 538 $11 $1,440,000 dy $4 Fixed selling and administrative expenses 5960,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year, National uses cost plus pricing methods to set its...
Lafleur Corporation needs to set a target price for its newly designed product, M14-M16. The following data relate to it: Total Per Unit $12 18 10 Direct materials Direct labour Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $4,215,000 5 2,529,000 These costs are based on a budgeted volume of 281,000 units produced and sold each year. Lafleur uses cost-plus pricing to set its target selling price. The markup on the total...
Chapter 08 Homework Per Unit Total Direct materials $20 Direct labor $39 Variable manufacturing overhead Fixed manufacturing overhead $1,264,000 Variable selling and administrative expenses $6 Fixed selling and administrative expenses $ 1,106,000 These costs are based on a budgeted volume of 79,000 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 40%. Compute the total variable cost per unit, total fixed cost per unit,...
Question 07 Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Compute the markup percentage on total unit cost and the target selling price for the cabinet. Markup percentage on total unit cost Target selling price National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product....
113119 Te Ara Hill, Daniell Kaltin crombie National Corporation needs to set a target price for its newly designed product Use cost.plus pr R2-D2. The following data relate to this new product. determine vario (LO 2) Per Unit Total Direct materials Direct labor $16 Variable manufacturing overhead $ 7 Fixed manufacturing overhead $2,500,000 Variable selling and administrative expenses Fixed selling and administrative expenses $1,500,000 $ 8 $ 5 These costs are based on a budgeted volume of 100,000 units produced...