Question: # 4 Ch 2 3 EXCEL The markup per unit needs to be found. $ 7 8 MAY be the correct answer but I could

# Ch EXCEL
The markup per unit needs to be found. $ MAY be the correct answer but I could have gotten the formula wrong. What is your answer for markup per unit? DO NOT USE CHAT GPT for a response.
Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing
units follow. The company targets a profit of $ on this product.
Compute the total variable cost and the markup percentage.
Compute the dollar markup per unit on variable cost.
Compute the selling price per unit.
Students: The scratchpad area is for you to do any additional work you need to solve this question or can be used to show your work.
Nothing in this area will be graded, but it will be submitted with your assignment.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
