Question: ACCT 102 900 ONL 15A FA21 - M... Secured Access Save & Exit Help Saved Submit WB Exercise 23-11 (Algo) Pricing using total costs LO

ACCT 102 900 ONL 15A FA21 - M... Secured Access Save & Exit Help Saved Submit WB Exercise 23-11 (Algo) Pricing using total costs LO P6 Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing 20,000 units follow. The company targets a 14.0% markup on total cost. $ 121 Variable costs per Unit Direct materials Direct labor Overhead Selling, general and administrative 46 41 9 Fixed Costs (total) Overhead Selling, general and administrative $ 491,000 469,000 1. Compute the total cost per unit if 20,000 units are produced. 2. Compute the dollar markup per unit. 3. Compute the selling price per unit. es (For all requirements, round your final answers to the nearest dollar amounts.) 1. Total cost per unit 2. Markup per unit 3. Selling price per unit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
