Question: HELP ME WITH QUESTION C PLEASE Tech Com's predicted variable and fixed costs for next year are as follows: Tech Com is a small company
HELP ME WITH QUESTION C PLEASE
Tech Com's predicted variable and fixed costs for next year are as follows:
Tech Com is a small company producing a wide variety of computer devices. Perunit manufacturing cost information about one of these products, a webcam, is as follows.
Variable selling and administrative costs for the webcam are $ per unit. Management has set a target profit for next year of $
Required
a Determine the markup percentage on variable costs required to earn the desired profit.
Note: Round your answer to the nearest whole percentage point.
b Use variable cost markup to determine a suggested selling price for the webcam.
c For the webcam, break the markup on variable costs into separate parts for fixed costs and profit.
Note: Round each of your answers below to two decimal places for example, enter for
Markup to cover fixed costs $
Markup to provide for a profit $
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