Use the following given in determining the selling price per unit given the markup ratio provided...

Transcribed Image Text:

Use the following given in determining the selling price per unit given the markup ratio provided (round your answers to 2 decimal places) Integrity Company's cost structure for a certain item at a level of 20,000 units per month is as follows: Manufacturing costs: Direct materials Direct labor P 1.00 1.20 Variable indirect cost 0.80 0.50 Variable 1.50 Fixed 0.90 Fixed indirect cost Selling and others: Use the following given in determining the selling price per unit given the markup ratio provided (round your answers to 2 decimal places) Integrity Company's cost structure for a certain item at a level of 20,000 units per month is as follows: Manufacturing costs: Direct materials Direct labor P 1.00 1.20 Variable indirect cost 0.80 0.50 Variable 1.50 Fixed 0.90 Fixed indirect cost Selling and others:

Answer rating: 100% (QA)

To determine the selling price per unit using the markup ratio provided we need to first ca... View the full answer