Question: Help Save & Exit Pinkin Incorporated needs to determine a price for a new phone model Pinkin desires a 25% markup on the total cost
Help Save & Exit Pinkin Incorporated needs to determine a price for a new phone model Pinkin desires a 25% markup on the total cost of the phone. Pinkin expects to sell 30,000 phones. Additional information is as follows: Variable costs per Unit Direct materials Direct labor Overhead General and administrative Fixed Costs (total) $ 20 Overhead 45 General and administrative 25 55 $ 85,000 65,000 Using the total cost method what price should Pinkin charge? Multiple Choice S18110 518750
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
