CALCULATOR PRINTER VERSION ( BACK NE 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 Direct materials $26 Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,377,000 $ 5 $ 1,053,000 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%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit %$4 Fixed cost per unit Total cost per unit %24

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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JS. Kimmel, Accounting, 7e
Help | System Announcements
CALCULATOR
PRINTER VERSION
(BACK
NEXT
Compute the desired ROI per unit for M14-M16.
Desired ROI
$.
per unit
Compute the targetselling price for M14-M16.
Target selling price per unit
%$4
Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 60,750 M14-M16s are produced and sold during the
year.
Variable cost per unit
%$4
Fixed cost per unit
Total cost per unit
%24
MacBook Air
Transcribed Image Text:JS. Kimmel, Accounting, 7e Help | System Announcements CALCULATOR PRINTER VERSION (BACK NEXT Compute the desired ROI per unit for M14-M16. Desired ROI $. per unit Compute the targetselling price for M14-M16. Target selling price per unit %$4 Compute variable cost per unit, fixed cost per unit, and total cost per unit assuming that 60,750 M14-M16s are produced and sold during the year. Variable cost per unit %$4 Fixed cost per unit Total cost per unit %24 MacBook Air
S Kimmel, Accounting, 7e
Help | System Announcements
CALCULATOR
PRINTER VERSION
1 BACK
NEXT
National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product.
Per
Total-
Unit
Direct materials
$26
Direct labor
$44
Variable manufacturing overhead
$15
Fixed manufacturing overhead
$1,377,000
Variable selling and administrative expenses
$ 5
Fixed selling and administrative expenses
$ 1,053,000
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%.
Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16.
Variable cost per unit
$4
Fixed cost per unit
Total cost per unit
MacBook Air
Transcribed Image Text:S Kimmel, Accounting, 7e Help | System Announcements CALCULATOR PRINTER VERSION 1 BACK NEXT National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total- Unit Direct materials $26 Direct labor $44 Variable manufacturing overhead $15 Fixed manufacturing overhead $1,377,000 Variable selling and administrative expenses $ 5 Fixed selling and administrative expenses $ 1,053,000 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%. Compute the total variable cost per unit, total fixed cost per unit, and total cost per unit for M14-M16. Variable cost per unit $4 Fixed cost per unit Total cost per unit MacBook Air
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