Exercise $23-11($Static$)$ Pricing using total costs LO P$6$

Skull Company makes snowboards and uses the total cost method in setting product price. Its costs for producing $10,000$ units follow. The company targets a $12\mathrm{.}5\%$ markup on total cost.

$\backslash$table$[[$Variable Costs per Unit$],[$Direct materials$],[$Direct labor$],[$Overhead$],[$Selling$,$ general and administrative$],[],[$Fixed Costs $($total$)],[$Overhead$],[$Selling$,$ general and administrative$]]$

Compute the total cost per unit if $10,000$ units are produced.

Compute the dollar markup per unit.

Compute the selling price per unit.

$\backslash$table$[[1.$ Total cost per unit$],[2.$ Markup per unit$],[3.$ Selling price per unit$]]$