Garcia Company sells snowboards. Each snowboard requires direct materials of $110, direct labor of $40, variable...

 

Transcribed Image Text:

Garcia Company sells snowboards. Each snowboard requires direct materials of $110, direct labor of $40, variable overhead of $55, and variable selling, general, and administrative costs of $13. The company has fixed overhead costs of $655,000 and fixed selling, general, and administrative costs of $170,000. It expects to produce and sell 11,000 snowboards. What is the selling price per unit if Garcia uses a markup of 15% of total cost? Note: Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts. Selling price per unit Garcia Company sells snowboards. Each snowboard requires direct materials of $110, direct labor of $40, variable overhead of $55, and variable selling, general, and administrative costs of $13. The company has fixed overhead costs of $655,000 and fixed selling, general, and administrative costs of $170,000. It expects to produce and sell 11,000 snowboards. What is the selling price per unit if Garcia uses a markup of 15% of total cost? Note: Do not round your intermediate calculations. Round your final answer to nearest whole dollar amounts. Selling price per unit

Answer rating: 100% (QA)

Answer Lets calculate the selling price per unit for Garcias snowboards considering the markup 1 Cal... View the full answer