Question: Based on the data presented in Exercise, assume that DirectCall Company uses the product cost concept of applying the cost-plus approach to product pricing. a.
Based on the data presented in Exercise, assume that DirectCall Company uses the product cost concept of applying the cost-plus approach to product pricing.
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a. Determine the total manufacturing 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: $160,000 80,000 Direct materials Direct labor Factory overhead Selling and adm. exp. $140.00 per unit Factory overhead Selling and adm. exp 40.00 25.00 15.00 LJ. Total $220.00 per unit
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a Total manufacturing costs Variable 220 4000 units 880000 Fixed factory overhead 160000 Total ... View full answer
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