Question: Exercise 23-14 Product pricing using total costs LO P Steeze Co makes snowboards and uses the total cost approach in setting product prices. its costs

 Exercise 23-14 Product pricing using total costs LO P Steeze Co

Exercise 23-14 Product pricing using total costs LO P Steeze Co makes snowboards and uses the total cost approach in setting product prices. its costs for producing 10,000 units follow The company targets a profit of $300,000 on this product Variable Costs per Unit Direct materials $100 Overhead Direct labor Overhead Selling Fixed Costs $470,800 105,000 20 Administrative 325,000 25 Selling 1. Compute the total cost per unit 2. Compute the markup percentage on total cost (Round your final percentage answer to 1 decimal place.) 3. Compute the product's selling price using the total cost method

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