Crafty Designs has variable manufacturing costs of $15 per unit and fixed manufacturing costs of $5 per unit. Variable selling and administrative costs are $2 per unit and fixed selling and administrative costs are $1 per unit. Crafty desires an ROI $4 per unit. Crafty Designs uses the absorption-cost approach to pricing.

Calculate the target selling price for Crafty Designs (requires two answers)

Answer rating: 100% (QA)

To calculate the target selling price for Crafty Designs using the absorptioncost approach we ... View the full answer