Question: i need help please. Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 20,000 units follow
Rios Company makes drones and uses the variable cost method in setting product price. Its costs for producing 20,000 units follow The company targets a profit of $300,000 on this product Variable conta per Unit Direct materials 5 70 Direct labor 40 Overhead 25 Selling general and administrative 15 Fixed cost (total) Overhead 5 670,000 Selling, general and administrative 590,000 1. Compute the total variable cost and the markup percentage 2. Compute the dollar markup per unit on variable cost 3. Compute the selling price per unit Answer is complete but not entirely correct. $ 1. Total variable costs 1. Markup percentage 2. Markup per unit 3. Seling price per unit 1503 52% 78 228 s $
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