Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated...
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Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 25,600 units. Per Unit Total Direct materials $20 Direct labor $5 Variable manufacturing overhead $16 Fixed manufacturing overhead $358,400 Variable selling and administrative expenses $3 Fixed selling and administrative expenses $51,200 The company uses a 45% markup percentage on total cost. Instructions (a) Compute the total cost per unit. (b) Compute the target sellingprice. Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 25,600 units. Per Unit Total Direct materials $20 Direct labor $5 Variable manufacturing overhead $16 Fixed manufacturing overhead $358,400 Variable selling and administrative expenses $3 Fixed selling and administrative expenses $51,200 The company uses a 45% markup percentage on total cost. Instructions (a) Compute the total cost per unit. (b) Compute the target sellingprice.
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Related Book For
Intermediate Accounting Volume 2
ISBN: 9781119497042
12th Canadian edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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