Question: can someone help me please ? Galla Inc. needs to determine a price for a new product. Galla desires a 25% markup on the total
can someone help me please ?
Galla Inc. needs to determine a price for a new product. Galla desires a 25% markup on the total cost of the product. Galla expects to sell 7,220 units. Additional information is as follows:
| Variable product cost per unit | $ | 27 | |
| Variable administrative cost per unit | 33 | ||
| Total fixed overhead | 47,300 | ||
| Total fixed administrative | 10,460 | ||
Using the total cost method what price should Galla charge?
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
