Question: Information for Chen Corporation is given in E8-7. Instructions Using the information given in E8-7, answer the following. (a) Compute the cost per unit of

Information for Chen is given in E8-7.

Instructions
Using the information given in E8-7, answer the following.
(a) Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative expenses.
(b) Compute the desired ROI per unit. (Round to the nearest dollar.)
(c) Compute the markup percentage and target selling price using absorption-cost pricing.
(Round the markup percentage to three decimal places.)
(d) Compute the markup percentage and target selling price using variable-cost pricing.
(Round the markup percentage to three decimal places.)

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