Question: Based on the data presented in Exercise 24-15, assume that DirectCall Company uses the variable cost concept of applying the cost-plus approach to product pricing.

Based on the data presented in Exercise 24-15, assume that DirectCall Company uses the variable cost concept of applying the cost-plus approach to product pricing.

a. Determine the variable costs and the cost amount per unit for the production and sale of 4,000 units of mobile phones.
b. Determine the markup percentage (rounded to two decimals) for mobile phones.
c. Determine the selling price of mobile phones. Round to the nearestdollar.

Variable costs: Fixed costs: Direct materials Direct labor Factory overhead Selling and adm. exp $140.00 per unit Factory overhead Selling and adm. exp. $160,000 80,000 40.00 25.00 15.00 Total 220.00 per unit

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