The following data pertain to Legion Lighting Company’s oak-clad, contemporary chandelier.

Variable manufacturing cost.................................................................$300

Applied fixed manufacturing cost........................................................ 105

Variable selling and administrative cost.............................................. 45

Allocated fixed selling and administrative cost................................... 75

Required:

For each of the following cost bases, develop a cost-plus pricing formula that will result in a price of $600 for the oak chandelier.

1. Variable manufacturing cost.

2. Absorption manufacturing cost.

3. Total cost.

4. Total variable cost.