Question: please help with part D. please make sure to include step by step directions on who you came to the answer. Mademoiselle Company produces women's
Mademoiselle Company produces women's handbags. The cost of producing 1.220 handbags is as follows Direct materials $16,400 Direct labor 7,500 Factory overhead 6.100 Total manufacturing cost $30,000 The selling and administrative expenses are $28,400. The management desires a profit equal to 14% of invested assets of $503,000 If required, round your answers to nearest whole number a. Determine the amount of desired profit from the production and sale of 1,220 handbags 70,420 5 b. Determine the product cost per unit for the production of 1,220 handbags 25 per unit $ c Determine the product cost markup percentage for handbags. 329 % d. Determine the selling price of handbags. Round your answers to nearest whole value. Cost 25 per unit Markup 59 x per unit Selling price per unit
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