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

 

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Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 18,500 units follow The company targets a 12.0% markup on total cost. Variable Costs per Unit Direct materials Direct labor Overhead Selling, general and administrative Fixed Costs (total) Overhead Selling, general and administrative $ 117 42 37 1. Total cost per unit 2. Markup per unit 3. Selling price per unit 6 $463,000 425,000 1. Compute the total cost per unit if 18,500 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest dollar amounts.) Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 18,500 units follow The company targets a 12.0% markup on total cost. Variable Costs per Unit Direct materials Direct labor Overhead Selling, general and administrative Fixed Costs (total) Overhead Selling, general and administrative $ 117 42 37 1. Total cost per unit 2. Markup per unit 3. Selling price per unit 6 $463,000 425,000 1. Compute the total cost per unit if 18,500 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. (For all requirements, round your final answers to the nearest dollar amounts.)

Answer rating: 100% (QA)

1 To compute the total cost per unit you need to add up the variable costs per unit and the fixed co... View the full answer