Question: Question 10.2 Answer part b. Answer correctly for Like! Current Attempt in Progress National Corporation needs to set a target price for its newly designed


Current Attempt in Progress National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product Per Unit Total $24 $46 $13 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,458,000 $7 $972,000 These costs are based on a budgeted volume of 81,000 units produced and sold each year, National uses cost-plus pricing methods to set its target selling price. The markup percentage on total unit cost is 40% (a) Your Answer Correct Answer (a) Your Answer Correct Answer * Your answer is incorrect. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit 83 Fixed cost per unit 18 Total cost per unit $ 101 (b) Your answer is incorrect Compute the desired ROI per unit for M14-M16. Desired ROI $ per unit e Textbook and Media Attempts: 1 of 3 used Submit Answer Save for Later Last saved 55 seconds ago. Saved work will be auto-submitted on the due date Auto- submission can take up to 10 minutes
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